Over the past year, Hong Kong IPOs have raised 145 billion Hong Kong dollars, with funds continuing to flow into Hong Kong stocks.

date
22/05/2025
The Hong Kong capital market is ushering in a new round of IPO boom. Wind data shows that in the past year, the total amount of funds raised by Hong Kong IPOs has reached 145 billion Hong Kong dollars, a year-on-year increase of 2.7 times. Ningde Times and Midea Group lead in fund-raising amount, and the top ten IPOs in terms of funds raised from initial public offerings are mostly from mainland China, contributing 75% of the total financing scale. It is noted that the "A+H" dual capital market platform has become a key springboard for leading enterprises to expand globally. Hengrui Medicine is about to be listed, with industries giants such as Sanhua Intelligent Control and Lansitech following closely. Behind the market heat is the repricing of Chinese assets by international capital. The continued strength of the Hong Kong dollar has triggered the injection of billions of dollars by the Hong Kong Monetary Authority, accelerating the inflow of southbound funds, while benchmark companies such as Ningde Times demonstrate a strong "money-making effect." Industry insiders point out that in the context of a weak US dollar cycle and global industrial chain restructuring, Hong Kong stocks are becoming a "value discovery platform" connecting core Chinese assets with international capital, and a great drama of asset revaluation focusing on "Chinese opportunities" has already begun.