Recently, the profitability of Initial Public Offerings (IPOs) in Hong Kong's stock market has witnessed a remarkable surge. Statistically, all five stocks newly listed since April 14 have enjoyed gains on their debut trading day, with one experiencing a twofold increase in value. Prior to this surge, several new stocks garnered significant attention in the primary market, exemplified by Hu Shang Yi Yi, which achieved a staggering subscription rate of 3616.83 times, and Mixue Group, which set a new benchmark for frozen funds. Analysts observe that investors are increasingly directing their focus towards new Hong Kong stocks, forecasting an accelerated recovery for the city's IPO market in 2025.
