Ge Long Hui·2025-10-28 08:35Group 1 - The Shanghai Composite Index surpassed 4000 points, reaching a nearly ten-year high, indicating a significant recovery in the A-share market [1] - A total of 8 IPOs were launched on October 28, with all new stocks experiencing an increase by the end of the trading day [1] - The A-share market has seen 87 new listings in 2025, raising over 901 billion yuan, surpassing the total fundraising amount of the previous year [1] Group 2 - The Hong Kong IPO market has also rebounded, with 78 companies listed in 2025, raising over 1991 million HKD, more than double the total from the previous year [1] - Major IPOs from companies like CATL, Zijin Mining, and others have driven the Hong Kong Stock Exchange to lead global IPO financing in the first three quarters of 2025 [1][4] - Hundreds of companies are currently in the IPO queue, indicating a robust pipeline for future listings [1] Group 3 - The Beijing Stock Exchange focuses on serving innovative small and medium-sized enterprises, particularly in specialized and innovative sectors, with lower entry barriers and shorter review periods [2] - The first three quarters of 2025 saw 286 new applications for IPOs in Hong Kong, with many companies from new economy sectors such as electric vehicles and biotechnology [3] Group 4 - The majority of companies going public in Hong Kong are from mainland China, with 234 mainland enterprises having filed for IPOs as of October 24, 2025 [4] - Regulatory support, including lowered listing thresholds for specialized technology companies and improved approval processes, has contributed to the vibrant IPO market in Hong Kong [4]