✉news BusinessMarkets first seen 11 h ago, last 11 h ago, peak #25
Hong Kong IPO fundraising doubles to HK$388 billion
Original: Hong Kong’s IPO haul more than doubles to HK$388b in first 9 months: Paul Chan
Hong Kong's financial chief Paul Chan says funds raised through initial public offerings more than doubled to HK$388 billion in the first nine months of the year. The sharp rebound underscores a revival in the city's listing activity, long a barometer of its standing as a global financial hub, after several weak years marked by cautious investors and few large deals.
Why now: The strong recovery in IPO fundraising signals renewed confidence in Hong Kong's capital markets after a prolonged slowdown.
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