Chen Yiting: Currently, there are nearly 100 companies queuing to go public in Hong Kong, including some "exciting names"

15:46 22/01/2025

Hong Kong is expected to see more initial public offerings.

During a TV interview, Charles Li, the CEO of the Hong Kong Stock Exchange (00388), stated that following a strong rebound in the market in 2024 and the economic stimulus measures implemented by the Chinese government since September, Hong Kong is expected to see more initial public offerings (IPOs). He pointed out that nearly 100 companies are currently in line to go public, including some "exciting company names." He also mentioned that Hong Kong's IPO fundraising last year increased by 90% compared to previous years, with large IPO listings such as Meituan (00300) and SF Express (06936). He also stated that the participation of American and European investors in IPO transactions has been very positive.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.