Core Insights - Hong Kong Stock Exchange (HKEX) is projected to lead the global IPO market in 2025, with a significant increase in financing compared to the previous year, and the average daily trading volume has reached a historical high [1][2] Group 1: Market Performance - As of December 19, 106 companies have listed in Hong Kong, raising a total of HKD 274.6 billion, with four companies ranking among the top ten global IPOs [1] - The average daily trading volume in the cash market for the first eleven months of the year reached HKD 230.7 billion, representing a 43% year-on-year increase, marking a historical high [1] Group 2: Innovation and Listings - The wave of technological innovation has accelerated the return of international capital, with 88 biotech and specialized technology companies listed on HKEX since the implementation of relevant listing rules [1] - The launch of the "Specialized Technology Companies" initiative in May has further facilitated the listing and financing of innovative enterprises [1] Group 3: International Expansion - HKEX has strengthened international connections by actively expanding the sources of listed companies, welcoming issuers from Kazakhstan, Singapore, Thailand, and other regions this year [1] - The addition of the Stock Exchange of Thailand as a recognized exchange and the signing of a memorandum of cooperation with the Abu Dhabi Securities Exchange highlight HKEX's commitment to creating a vibrant and interconnected market for issuers [1] - HKEX has opened an office in Riyadh, Saudi Arabia, and established a commodity pricing subsidiary in Dubai, enhancing its strategic presence in the Middle East [1] Group 4: Future Outlook - The CEO of HKEX, Charles Li, stated that 2025 will be a year of renewed interest from global investors in the Hong Kong market, driven by innovative developments in mainland China and Asia [2] - HKEX aims to continue expanding its product ecosystem, offering a diverse range of equity, derivative, fixed income, currency products, and other risk management tools to meet the needs of various investors [2]
2025年香港新股市场融资额位居全球第一