Wind data show 115 Hong Kong IPOs in the first three quarters, up 69.12% YoY,
raising HK$385.6bn, a 105.18% YoY increase and already exceeding last year’s
full-year proceeds. Hong Kong ranks second globally for IPO fundraising after
Nasdaq; three new issues are among this year’s global top-10 IPOs. Thirty-eight
A-share firms completed H-share listings on HKEX in the period, representing 33%
of IPOs and raising over HK$261.2bn, or 67.75% of total proceeds.
