Xu Jingwei, head of Global Listing Services at HKEX, said TMT and AI-related companies have accounted for about 70% of Hong Kong IPO fundraising so far this year and roughly 50% of equity and equity-linked issuance. About 60% of mainland issuers listing in Hong Kong this year already generate overseas revenue, with some firms deriving more than half their sales internationally. Around 80% of recent Hong Kong IPOs have included international cornerstone investors from the US, Europe, the Middle E

Xu Jingwei, head of Global Listing Services at HKEX, said TMT and AI-related companies have accounted for about 70% of Hong Kong IPO fundraising so far this year and roughly 50% of equity and equity-linked issuance. About 60% of mainland issuers listing in Hong Kong this year already generate overseas revenue, with some firms deriving more than half their sales internationally. Around 80% of recent Hong Kong IPOs have included international cornerstone investors from the US, Europe, the Middle East and APAC.