Total financing scale for equity placement of Hong Kong-listed companies within the year exceeded HK$200 billion.
According to Securities Daily, the Hong Kong stock market's refinancing activities are active, and the total size of share placements by Hong Kong-listed companies has exceeded 200 billion Hong Kong dollars so far this year. Wind data shows that as of September 5, Hong Kong-listed companies have completed 281 share placements this year, with a total size of approximately 203.478 billion Hong Kong dollars, a year-on-year increase of 506.33%, far surpassing the amount raised by initial public offerings this year. There are still many companies in the process of advancing their share placement plans. In terms of issuance method, discounted share placements have become mainstream, with most companies using discounted methods to attract investors. The pace of share placements has significantly accelerated, with methods such as "lightning placements" or "old shares first, new shares later" widely used to help companies quickly raise funds to respond to market changes and business expansion needs. In addition, small and medium-sized companies are particularly active in share placements, actively conducting refinancing activities.
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