HKEX(HK:00388) Jin Rong Jie·2026-02-04 10:18Group 1 - The CEO of Hong Kong Stock Exchange, Charles Li, stated that there are currently over 400 companies waiting to go public, indicating strong demand for IPOs and a rising willingness among global investors for diversified allocations, alleviating concerns about a "bottleneck" in listings [1] - The Hong Kong IPO market is recognized by international investors, with a strong recovery expected in 2025, projected to raise HKD 285.8 billion, regaining the top position globally [1] - As of January 30, 2026, there have been 459 applications for listings on the main board, with 409 applications currently under review, and 11 IPOs completed in the first three weeks of the year, raising approximately USD 4 billion [1] Group 2 - Since 2025, the number of listing applications in Hong Kong has surged, leading to concerns about the quality of application materials, prompting the Hong Kong Securities and Futures Commission to require 13 sponsors to submit internal review reports within three months and to suspend 16 listing applications [2] - The CEO welcomed the regulatory focus on the quality of materials submitted by sponsors rather than the quality of the listing applicants, emphasizing that the quality of listed companies has always been a key factor in attracting global investors to Hong Kong [2] - Under the current listing process, the Hong Kong Stock Exchange must confirm within 40 working days whether there are significant regulatory concerns, provided that the listing application materials meet the required standards [2]