How companies successfully go public: Hong Kong financial markets demonstrate impressive growth results

Hong Kong’s financial market has recently experienced a period of dynamic development, attracting attention from both local and international players. Over 20 companies have successfully completed their IPOs, raising approximately HKD 80 billion, demonstrating the robustness of listing mechanisms and the increasing attractiveness of the market.

Wave of New Listings: Companies’ Path to the Financial Market

According to RTHK, the support system for companies seeking to go public has proven effective. Demand remains high: about 480 companies are in the process of reviewing listing applications, including 10 international firms. This indicates that going public in Hong Kong remains a relevant issue for businesses amid continuous market expansion opportunities.

Billion-Dollar Trading Volumes: A Signal of Investor Confidence

Trading activity has served as a clear indicator of market health. The average daily trading volume on the stock market in the previous period exceeded HKD 270 billion, with peak days reaching over HKD 300 billion. These figures reflect a liquidity influx and market participants’ interest in expanding their portfolios.

Christopher Hui, speaking on the radio, emphasized that current asset trading activity is not accidental but the result of coordinated actions across different levels of society, including government agencies and regulatory bodies. In his view, trust, decisiveness, and consistency are key factors for success. The country’s economic development, including progress in manufacturing and technology sectors, provides a solid foundation for further strengthening Hong Kong’s position as a financial center.

Expansion of Asset Classes: Hong Kong’s Strategy for Diversification

The government considers not only expanding listings but also bringing new asset classes to the market, including bond and commodity markets. The goal is to position Hong Kong as a comprehensive international financial hub that organically combines financial services with the real economy.

A vivid example of this strategy is the development of the metals market. Since Hong Kong’s inclusion in the recognized components of the London Metal Exchange, over the past 12 months, 15 storage facilities have been established, holding more than 20,000 tons of non-ferrous metals. Such progress demonstrates Hong Kong’s readiness to explore new niches in global trade.

Family Offices and Development: New Opportunities for Wealth Management

The development of financial infrastructure has attracted the family office segment. The number of such institutions in Hong Kong has grown to 3,384, an increase of over a quarter compared to 2003. These structures meet various asset management needs, from accounting services to investment consulting and legal support.

The economic contribution of family offices amounts to approximately HKD 13 billion annually, confirming their significance for the local economy. Christopher Hui expressed confidence in attracting both domestic and foreign funds to Hong Kong, which will have a positive multiplier effect on the service sector, local industry, and the labor market.

Thus, the path companies take to go public in Hong Kong is part of a broader strategy to transform the city into a comprehensive financial center, supported by consistent government policies and the advantages of the “one country, two systems” framework.

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