Hong Kong is on its way to being among the top three global initial public offering venues by fundraising value in 2025, The Standard reported Thursday, citing Deloitte China's managing partner for the southern region, Edward Au Chun-hing.
In the first quarter, Hong Kong raised HK$18.2 billion in IPOs, up 2.9 times from the year-ago period, bringing the city to number four worldwide in terms of fundraising, the report said, citing Deloitte.
Q1 saw 15 IPOs in the city, up 25% from the 12 listings in Q1 2024, the report said.
The city could welcome a mega offering as soon as the second quarter, which could place Hong Kong in the top three, the report said.
Deloitte kept its full-year forecast for 80 IPOs in Hong Kong to raise between HK$130 billion and HK$150 billion, The Standard said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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