Reform, going global, and policy dividends overlap, Hong Kong Stock Exchange's IPO performance is impressive.

According to Wind data, the total amount of funds raised by Hong Kong IPOs has exceeded HK$77.6 billion since the beginning of this year, an increase of more than 7 times compared to the same period last year, close to 90% of the total fundraising in 2024, far exceeding the level in 2023. Market analysis indicates that the driving factors behind this round of IPO boom include: the continuous release of policy dividends, Chinese enterprises accelerating their international expansion, and the Hong Kong Stock Exchange continuing to deepen market reforms.