HKEX(HK:00388) Bei Jing Shang Bao·2025-09-23 11:27Core Insights - Deloitte projects that by the first three quarters of 2025, the Hong Kong Stock Exchange (HKEX) will see 66 new listings, raising HKD 182.3 billion, making it the largest IPO financing exchange globally [2][3] - The report highlights a significant increase in new listings and financing in Hong Kong, driven by policies encouraging mainland enterprises to list in Hong Kong and improved liquidity from international capital inflows [2] - The number of new listings in Hong Kong is expected to increase by 47% compared to the same period last year, with financing amounting to over 228% growth [2] Market Trends - The Hong Kong IPO market is experiencing strong momentum, with several large and mega H-shares successfully listed, contributing to a substantial increase in new stock financing [2] - The report anticipates that by the end of 2025, there will be over 80 new listings on the HKEX, with total financing expected to reach between HKD 250 billion and HKD 280 billion [3] - The influx of overseas capital is significantly boosting trading volumes in the Hong Kong stock market, leading to a continued recovery in valuations [3]