Sungrow Power Supply(SZ:300274) Zhong Guo Zheng Quan Bao·2025-10-13 21:49Core Insights - The number of companies submitting IPO applications to the Hong Kong Stock Exchange (HKEX) has reached a historical high in 2025, with 269 companies filing as of October 13, 2025 [1][2] - The surge in IPO applications is driven by a combination of favorable policies, market conditions, and corporate demand for international financing and brand development [6][7] Group 1: IPO Submission Data - In 2025, June recorded the highest number of submissions with 65 companies, followed by September with 60 companies [2] - Monthly submissions from January to October 2025 were as follows: 27, 13, 5, 30, 31, 65, 8, 26, 60, and 4 [2] - A total of 83 A-share listed companies have submitted applications to the HKEX in 2025, surpassing the total from the previous 10 years [4] Group 2: Industry Distribution - Among the companies that submitted IPO applications in 2025, 108 were in the information technology sector, accounting for 40.15% of the total [3] - The healthcare sector had 49 companies submitting applications, representing 18.22% [3] - Other notable sectors included industrial (37 companies, 13.75%), consumer discretionary (35 companies, 13.01%), materials (15 companies, 5.58%), and consumer staples (15 companies, 5.58%) [3] Group 3: A-Share Companies and Market Trends - Several A-share companies submitted their IPO applications shortly after announcing their plans, indicating a proactive approach to market entry [5] - As of 2025, 11 A-share companies have successfully listed on the HKEX, with 8 of them being new submissions this year [5] - The current IPO wave is expected to continue, driven by supportive policies, improved market conditions, and increasing corporate demand for international expansion [6][7]