Hong Kong SAR Government Financial Services and the Treasury Bureau Director Christopher Hui: 53 IPO companies raised approximately HK$127 billion in the first seven months of this year.

On August 12, the Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, Christopher Hui, stated on social media that the Hong Kong stock market IPO market had shown strong growth in the first half of this year, with IPO fundraising ranking first globally. In the first seven months of this year, a total of 53 IPO companies raised approximately HK$127 billion, representing a year-on-year increase of over 600%. At the same time, the Hong Kong Stock Exchange is currently processing more than 210 listing applications.