Hong Kong, since the beginning of this yearIPO listingThe market volume has increased year-on-year, but the fundraising amount has declined. windData shows that as of6month15day, there is26Only stocks listed on the Hong Kong Stock Exchange (excluding two stocks introduced for listing), Hong KongIPO listingRaising approximately130HK$10 billion. Last year, there was only16Only stocks are listed, but the raised assets are140HK$10 billion. Since the beginning of this year, there has been15The stock has fallen below its issue price.
How do you view the slowdown in fundraising for Hong Kong stocks in the first half of the year, and what are the reasons for it? How do you view the Hong Kong stock market in the second half of this year?IPO listingWhat is the development situation? Some reforms regarding listing conditions by the Hong Kong Stock Exchange will have an impact on Hong Kong stocksIPO listingWhat kind of boosting effect does it have? Frost & SullivanFrost & SullivanDr. Wang Xin, Global Partner and Chairman of Frost & Sullivan Greater China, was interviewed by 'Jiemian News' to discuss the development trends of the Hong Kong stock market.
*Click "Read the Original Article" at the end of this text to read the full report.
Jiemian News
Q
In the first half of this year, as of now, Hong Kong stocksIPO listingIn the case in question, the number is higher than last year, but the fundraising amount is less. How do you view this phenomenon? What causes the slowdown in fundraising for Hong Kong stocks in the first half of the year?
With the diversification of Hong Kong stock listing methods, such as introduction listings,SPAC, as well as those recently launched18C, more and more enterprises are choosing to go public in Hong Kong, which is the Hong Kong stock marketIPO listingOne of the main reasons for the increase in quantity.IPO listingThe increase in the number is an acknowledgment by the company of the Hong Kong Stock Exchange and a positive signal from diversified listings, which can attract more domestic and overseas investors. In terms of fundraising, it is mainly affected by the Federal Reserve's interest rate hikes and uncertainties about foreign capital, leading companies to be more restrained in the number of shares issued and the amount raised.
Q
How do you view the Hong Kong stock market in the second half of this year?IPO listingWhat is the development situation? Some reforms to listing conditions by the Hong Kong Stock Exchange will have an impact on Hong Kong stocksIPO listingWhat kind of boosting effect does it have?
In recent years, the Hong Kong Stock Exchange has been actively reforming its system, following18ASubsequently, the new listing rules that were introduced this year allow companies in the fields of next-generation information technology, advanced hardware and software, advanced materials, new energy and environmental protection, new food and agricultural technology to list on the Hong Kong stock market. These rules have broadened the channels for technology companies that are not yet profitable or already supported by revenue to go public in Hong Kong. We expect that after the overall market adjusts and recovers in the second half of the year, it will stabilize and improve.18CEnterprises going public in Hong Kong are still relatively optimistic about fundraising scale.
*This interview was published in "Jiemian News", with reporter Liu Chenguang, and the original title was " Hong Kong stocks since the beginning of this yearIPO listingThe volume far exceeds the same period last year, but financing fell. What will happen to the market in the second half of the year? ">
