HK's IPO raising climbs 116%: LSEG

Initial public offerings IPOs, including both original IPOs and secondary listings, on the Hong Kong Stock Exchange HKEX, including the mainboard and GEM, have raised a total of $7.2 billion as of September 27, up 116.6% in proceeds compared to last year, as the number of IPOs increased 4.7%.

The figures are according to preliminary data from the deals intelligence team of the London Stock Exchange Group’s LSEG.

Equity capital markets ECM in Hong Kong raised $17.8 billion, just before the first nine months of 2024 approached to a close. This is a 29.5% increase in proceeds compared to the...