The primary market of the Hong Kong stock exchange has started the year with a bang. Across various sectors—ranging from semiconductors to software services—a flurry of companies have successfully completed their Initial Public Offerings (IPOs), with some even achieving stellar fundraising results.

Casting our minds back to 2025, the Hong Kong stock market's primary market emerged as a standout performer among major global exchanges. Both the IPO and refinancing markets were abuzz with activity, exuding a palpable sense of vitality.

Chinese securities firms have firmly established their dominance in the investment banking landscape of the Hong Kong stock market. Leveraging their professional expertise, these firms have demonstrated remarkable competitiveness, serving as a significant catalyst for the growth of their parent companies' performance.

At present, a considerable number of companies are still patiently awaiting their turn to go public on the Hong Kong stock exchange. Multiple institutions forecast that with the Hong Kong Stock Exchange's ongoing refinement of listing rules and a steady influx of capital, the new share market in Hong Kong is poised to sustain a positive growth trajectory in 2026, brimming with promising opportunities.