Hong Kong Main Board Sees US$48.4 Billion Raised by 112 Companies in First Nine Months
Data from LSEG Data & Analytics indicates that 112 companies secured US$48.4 billion on Hong Kong's main board over the initial nine months, with a total of 114 new listings across the main board and GEM representing a 72% year-on-year increase.
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Based on reporting by South China Morning Post:
According to data provided by LSEG Data & Analytics on Wednesday, 112 companies successfully raised US$48.4 billion on Hong Kong's main board during the first nine months. Additionally, two other companies were listed on the city's Growth Enterprise Market (GEM). The combined figure of 114 new listings across both the main board and GEM showed a 72 per cent increase compared to the same period last year, which industry participants suggest marks the most active nine-month span since 2018. Industry participants have indicated that the prospect of a record year for the Hong Kong stock exchange is supported by an expanding pipeline and potential large-scale deals.
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