Hong Kong as an International Financial Centre – Enhancement of Hong Kong’s IPO offerings
3 Mar 2022
Hong Kong is a global leading initial public offering (IPO) venue and one of the world’s largest capital markets. Buoyed by investor demand and market sentiment, the Hong Kong’s IPO market continues to show strong momentum despite the pandemic. In terms of total proceeds, the IPO market hit a historical high in the first half of 2021 before slowing down somewhat, and Hong Kong is ranked as the world’s number one IPO venue 7 times over the past 13 years. Overall, in 2021, Hong Kong Exchanges and Clearing Limited (HKEX) hosted 98 new listings during the year, in which a total of HK$329 billion was raised.
Hong Kong plays a major role in enhancing global investors’ confidence in Chinese listed companies and upholding a high standard and focus on quality. This is a bedrock of its status as an international financial centre (IFC).