Lu Chenjian, Vice President of Global Listing Services at Hong Kong Exchanges and Clearing Limited (HKEX), has announced that between 2014 and 2024, Hong Kong's Initial Public Offerings (IPOs) amassed a cumulative total of US$303 billion, securing the top spot globally and surpassing both Nasdaq and the New York Stock Exchange (NYSE). In recent years, new economy and technology firms have emerged as the dominant force in Hong Kong's IPO market. Regarding industry distribution, from 2014 to 2017, the top five sectors for IPO fundraising were finance, consumer goods, public utilities, healthcare, and information technology. However, from 2018 to 2024, the information technology industry surged to the forefront, followed by consumer goods, healthcare, real estate and construction, and finance.
