The IPO market in the Hong Kong stock exchange has maintained its scorching pace this year. According to data from East Money Choice, as of February 26, a total of 24 companies have successfully completed their IPOs in the Hong Kong stock market. This marks a substantial year-on-year increase of 166.67%, with the total amount of funds raised reaching HKD 89.226 billion, a staggering surge of 1013.59% compared to the same period last year.

A prominent characteristic of this current IPO boom is the notable shift in market composition. Companies operating in burgeoning sectors such as artificial intelligence, semiconductors, and biomedicine have emerged as the primary contributors to fundraising within the Hong Kong stock market's IPO segment. Among these, the AI sector stands out as the pivotal force propelling this wave of IPO activity. In early 2026, industry players like Biren Technology and MINIMAX-WP (Xiyu Technology) made their debuts on the Hong Kong stock exchange, garnering significant attention from the market.