Goldman Sachs: Cornerstone investors contributed 42% of this year's Hong Kong IPO financing, with two-thirds of it coming from overseas.

Goldman Sachs indicated that the main driving force behind the recovery of the Hong Kong IPO market is the strong market rebound, which has reignited companies' desire for financing. At the same time, the Hong Kong Stock Exchange's more relaxed listing rules have further encouraged new listings. For domestic companies, favorable regulatory support, demand for overseas funds, and the appeal of going global have all played motivating roles. The return of Chinese concept stocks to Hong Kong can not only help alleviate potential delisting risks but also attract southbound capital for investment.