Bei Jing Shang Bao·2026-02-08 12:35Core Viewpoint - The Hong Kong IPO market continues to thrive in 2026, with a significant increase in new listings and a growing trend of "A+H" dual listings, indicating strong investor interest and market dynamics [1][4][5]. Group 1: IPO Market Performance - As of February 13, 2026, the Hong Kong market has seen 24 new IPOs, a 166.67% increase compared to the same period last year, which had only 9 IPOs [4]. - The upcoming week will see 6 new stocks listed, including companies like 澜起科技 (Lianqi Technology) and 沃尔核材 (Wolfe Materials), further expanding the IPO landscape [1][3]. - The total number of new stocks listed in 2026 has reached 18, with 7 of them being "A+H" stocks, indicating a growing presence of companies listed in both A-share and H-share markets [1][5]. Group 2: Fundraising Performance - 澜起科技 has disclosed a fundraising amount of approximately 70.43 billion HKD, while two other companies, 牧原股份 (Muyuan Foods) and 东鹏饮料 (Dongpeng Beverage), have each raised over 100 billion HKD [3][7]. - 东鹏饮料 raised 101.41 billion HKD, marking it as the first "billion-dollar IPO" in 2026, while 牧原股份 raised about 106.84 billion HKD, making it the second [8][9]. Group 3: A+H Listings - The trend of "A+H" listings is prominent, with 3 out of the 6 upcoming IPOs being A-share listed companies, which will increase the total number of "A+H" stocks in Hong Kong to 10 [5]. - The electronic industry leads the "A+H" listings with 5 companies, showcasing the sector's strength and appeal in the IPO market [5]. Group 4: Market Dynamics and Future Outlook - The current IPO market dynamics are supported by multiple factors, including policy benefits, corporate demand, and market liquidity, which are expected to sustain the IPO boom throughout the year [4][6]. - The attractiveness of the Hong Kong market for high-quality mainland companies is increasing, as evidenced by the growing number of A-share companies planning to list in Hong Kong [6].