Hong Kong Treasury Bureau's Norman Chan: The total amount of funds raised by Hong Kong IPOs in the first 7 months of this year is approximately HK$127 billion, an increase of more than six times compared to the same period last year.

According to the Wise Finance APP, Hong Kong Financial Secretary Paul Chan Mo-po stated in a letter on August 12 that in the first half of this year, Hong Kong's capital market once again demonstrated extraordinary resilience and institutional strength. The initial public offering (IPO) market grew strongly, surpassing other major international markets and ranking first in global IPO fundraising. This positive trend has continued as we enter the second half of the year, with a total of 53 new stock listings in the first seven months of this year, raising approximately HK$127 billion, more than six times the amount raised in the same period last year, surpassing the total fundraising amount for each of the past three years. There are over 210 listing applications currently being processed. In comparison, the global IPO market in the first half of the year saw a fundraising increase of only about 10% year-on-year, with a 5% decrease in the number of transactions. Hong Kong's market performance clearly leads the global market and has garnered keen interest from international investors.