港股三大指数调整运行 IPO市场热度不减

Group 1 - The Hong Kong stock market indices are currently in a correction phase, with the Hang Seng Index down 641.41 points, or 2.48%, closing at 25,247.1 points as of October 17 [1][3] - The trading volume on the main board reached 314.62 billion HKD for the day, indicating active market participation despite the index decline [3] - The Hang Seng China Enterprises Index fell by 247.49 points, or 2.67%, closing at 9,011.97 points, while the Hang Seng Tech Index dropped 243.18 points, or 4.05%, closing at 5,760.38 points [1][3] Group 2 - Despite the index adjustments, the overall activity in the Hong Kong IPO market remains strong, with 73 companies listed in 2023 as of October 16, and several new listings performing exceptionally well [3] - Notably, 10 companies have seen their first-day closing prices more than double their offering prices, and 8 companies have experienced a cumulative stock price increase exceeding 100% since their listings [3] - The Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, highlighted the robust IPO market, with over 200 companies currently in the pipeline to list in Hong Kong, positioning it as an ideal platform for international expansion [3] Group 3 - Research from Shenwan Hongyuan indicates that leading brokerage firms actively engaging in international business are expected to see significant performance growth in Q3 due to the active trading and IPO environment [3] - Cathay Securities also noted that the substantial increase in IPOs in the Hong Kong market is likely to further drive revenue growth in investment banking services [3]