Hong Kong IPO Market Surges with Frequent Thousandfold Subscription Multiples
1 day ago / Read about 0 minute
Author:小编   

The Hong Kong Stock Exchange has witnessed an impressive influx of IPOs since the start of this year, fueling a sustained boom in the city's IPO market. According to data, a total of 29 companies have listed on the Hong Kong stock exchange in the first five months, raising a collective HK$77.7 billion, securing the top spot globally. Notably, out of these 31 IPO enterprises, 15 have achieved effective online subscription multiples exceeding 100 times, with an astonishing three companies surpassing the 1,000-fold mark. In terms of performance, new stocks like InnoCare Pharma-B and Mixue Group have delivered significant floating profits to investors on their listing day. This wave of IPO enthusiasm in Hong Kong is largely attributed to the listing of new consumption companies and A-share companies. Industry observers anticipate that with more high-profile stocks scheduled to list on the Hong Kong stock exchange in the second half of the year, the IPO boom is poised to continue.