Year-on-year growth of 489%, Hong Kong stock IPO financing nearly 1100 Hong Kong dollars in the first quarter.

In the first quarter of 2026, a total of 40 companies were listed on the Hong Kong Stock Exchange, with IPO proceeds reaching nearly HK$110 billion, an increase of 489% year-on-year. In terms of the number of sponsors, the top three investment banks maintained their rankings from 2025. Among them, China International Capital Corporation (CICC) Hong Kong continued to lead with 15 IPO sponsorships, followed by CITIC Securities and Huatai Securities with 7 sponsorships each, tied for second place. UBS, Morgan Stanley, Guotai Junan Securities, and China Merchants Securities sponsored 4 IPOs each, tied for third place.