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

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.