Group 1 - The global IPO market is projected to raise $158.4 billion with 1,227 listings in 2023, reflecting an 18% increase in fundraising but a 4% decrease in the number of listings compared to the previous year [1] - Hong Kong's IPO market is expected to raise HKD 272.1 billion (approximately $45.3 billion) with 100 listings, marking a 210% increase in fundraising and a 43% increase in the number of listings year-on-year, achieving the largest fundraising scale since 2022 and reclaiming the title of the world's top IPO market after six years [4] - The surge in Hong Kong IPOs is attributed to policy support and several large "A+H" listings, including the largest IPO of the year by CATL, a major electric vehicle battery manufacturer [4] Group 2 - The Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange have expressed regulatory concerns regarding the declining quality of recent IPO applications, citing issues such as poor drafting of listing documents and non-compliance behaviors [4] - A financial columnist suggests that the Hong Kong government should revise listing requirements to attract more companies from various regions, including reviewing market capitalization and revenue requirements for dual-class share companies [5]
受超大型 “A+H”上市项目带动,香港IPO有望时隔六年重夺全球冠军
Huan Qiu Wang·2025-12-11 01:21