HKEX Chairman: IPO Fundraising Reaches HK$366 Billion This Year; Plans to Optimize Listing Regime and Expand Commodities Business
nashnova research
HKEX has seen 109 IPOs raising HK$366 billion this year, already surpassing last year's full-year total; Chairman Tang Jiacheng flagged listing-regime upgrades and a commodities push, while the SFC will issue a strategic roadmap within two days.
How hot is Hong Kong's IPO market right now?
109 companies completed IPOs in Hong Kong this year, raising HK$366 billion — already past last year's full-year figure.
Listed companies raised another HK$560 billion through secondary offerings, bringing the combined total above HK$900 billion.
This means → Hong Kong's primary market is in a rare hot streak, with capital inflows accelerating sharply.
Who is lining up to list in Hong Kong?
A growing number of AI and biotech firms are choosing Hong Kong, reflecting the exchange's rising pull on new-economy companies.
International companies are also using Hong Kong as a gateway into Asian markets.
In plain terms = domestic tech firms are heading south while overseas firms are heading east — both streams are converging on Hong Kong.
What is HKEX planning next?
Chairman Tang outlined four priorities: upgrading the listing regime, deepening international ties, expanding commodities, and building a multi-asset market.
He stressed alignment with national strategy and safeguarding Hong Kong's reputation as an international financial centre.
This means → HKEX is not content to remain a pure equities venue — it is pivoting toward commodities and multi-asset capabilities.
What signal is the SFC sending?
SFC Chairman Tim Lui said Hong Kong's first five-year plan reinforces three functions: offshore renminbi, international asset management, and risk management.
He disclosed the SFC will publish a statement within two days laying out a strategic action plan.
Lui emphasized the SFC's dual role as market guardian and development enabler, calling integrity and investor trust prerequisites for high-quality growth.
This reflects a regulator actively balancing protection and promotion — holding the line while pushing the market forward.
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