A total of 42 companies raised US$13.5 billion on the main board of the Hong Kong stock exchange during the first half, according to data released on Monday by the London Stock Exchange Group (LSEG). Nasdaq was second with US$8.85 billion, while the New York Stock Exchange ranked third with US$7.52 billion, according to LSEG data.
“This resurgence has been supported by a substantial increase in active participation from international investors and significant Southbound inflows, further enhancing the market’s overall appeal,” Ho said. “A key factor sustaining this high level of activity is the robust post-listing performance, [where] the average IPO investors could enjoy a return exceeding 30 per cent.”
Hong Kong jumped 12 spots in the first six months from a year earlier, capping the best first half since 2021, when proceeds surpassed US$30.28 billion, before the city’s stock market went into a deep freeze in a post-pandemic economic slump.