Hong Kong's IPO juggernaut projected to raise up to US$45 billion in 2026: KPMG

Hong Kong's initial public offering (IPO) market is expected to raise up to HK$350 billion (US$45 billion) next year, extending the momentum built this year on the back of mainland Chinese public firms and the technology sector. KPMG forecast on Wednesday that between 180 and 200 applications would drive the fundraising, representing a 28.7 per cent jump in total value and as much as a 100 per cent leap in deal numbers compared with this year. "We also expect 2026 to be a pivotal year for hi-tech listing ...