Hong Kong Markets Gain Momentum on IPOs, Swap Connect Growth, SFC Says

MT Newswires Live12-18 11:09

Hong Kong's capital markets made further gains in cross-border connectivity while advancing financial innovation and diversification in the July-September quarter, according to the Securities and Futures Commission report released Wednesday.

Swap Connect trading volume rose 56% year on year as of November, following product expansion in September, with cumulative transaction value exceeding 9.3 trillion yuan since its 2023 launch, the SFC said.

The quarter saw 24 initial public offerings raise more than HK$70 billion, up over 70% from a year earlier, keeping Hong Kong the world's largest IPO fundraising market.

SFC-authorised virtual asset spot exchange-traded funds saw market capitalisation rise 33% year on year to HK$5.47 billion as of end-November.

Hong Kong-domiciled funds attracted net inflows of HK$46.9 billion, with assets under management rising 35.9% year on year to HK$2.27 trillion as of September.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2592192516?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-18 11:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592192516","market":"hk","top_or_hot":-1,"title":"Hong Kong Markets Gain Momentum on IPOs, Swap Connect Growth, SFC Says","media":"MT Newswires Live","content":"<html><body><p> Hong Kong's capital markets made further gains in cross-border connectivity while advancing financial innovation and diversification in the July-September quarter, according to the Securities and Futures Commission report released Wednesday.</p><p>Swap Connect trading volume rose 56% year on year as of November, following product expansion in September, with cumulative transaction value exceeding 9.3 trillion yuan since its 2023 launch, the SFC said.</p><p>The quarter saw 24 initial public offerings raise more than HK$70 billion, up over 70% from a year earlier, keeping Hong Kong the world's largest IPO fundraising market.</p><p>SFC-authorised virtual asset spot exchange-traded funds saw market capitalisation rise 33% year on year to HK$5.47 billion as of end-November.</p><p>Hong Kong-domiciled funds attracted net inflows of HK$46.9 billion, with assets under management rising 35.9% year on year to HK$2.27 trillion as of September.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Markets Gain Momentum on IPOs, Swap Connect Growth, SFC Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Markets Gain Momentum on IPOs, Swap Connect Growth, SFC Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-18 11:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Hong Kong's capital markets made further gains in cross-border connectivity while advancing financial innovation and diversification in the July-September quarter, according to the Securities and Futures Commission report released Wednesday.</p><p>Swap Connect trading volume rose 56% year on year as of November, following product expansion in September, with cumulative transaction value exceeding 9.3 trillion yuan since its 2023 launch, the SFC said.</p><p>The quarter saw 24 initial public offerings raise more than HK$70 billion, up over 70% from a year earlier, keeping Hong Kong the world's largest IPO fundraising market.</p><p>SFC-authorised virtual asset spot exchange-traded funds saw market capitalisation rise 33% year on year to HK$5.47 billion as of end-November.</p><p>Hong Kong-domiciled funds attracted net inflows of HK$46.9 billion, with assets under management rising 35.9% year on year to HK$2.27 trillion as of September.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_HHI","symbol_name":"H股指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2592192516","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592192516","pubTimestamp":1766027372,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hong Kong's capital markets made further gains in cross-border connectivity while advancing financial innovation and diversification in the July-September quarter, according to the Securities and Futures Commission report released Wednesday.Swap Connect trading volume rose 56% year on year as of November, following product expansion in September, with cumulative transaction value exceeding 9.3 trillion yuan since its 2023 launch, the SFC said.The quarter saw 24 initial public offerings raise more than HK$70 billion, up over 70% from a year earlier, keeping Hong Kong the world's largest IPO fundraising market.SFC-authorised virtual asset spot exchange-traded funds saw market capitalisation rise 33% year on year to HK$5.47 billion as of end-November.Hong Kong-domiciled funds attracted net inflows of HK$46.9 billion, with assets under management rising 35.9% year on year to HK$2.27 trillion as of September.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"513600":"恒生指数ETF","HSI":"恒生指数","02833":"恒指ETF","HSCI":"恒生综合指数","HSTECH":"恒生科技指数"},"translate_title":"证监会表示，香港市场首次公开募股和掉期互联互通增长势头强劲","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"513600":0.6,"HSTECH":1.61,"HSI":1.61,"MHImain":0.6,"HHImain":0.6,"02833":0.6,"HSCI":1.63,"MCHmain":0.6},"content_text":"Hong Kong's capital markets made further gains in cross-border connectivity while advancing financial innovation and diversification in the July-September quarter, according to the Securities and Futures Commission report released Wednesday.Swap Connect trading volume rose 56% year on year as of November, following product expansion in September, with cumulative transaction value exceeding 9.3 trillion yuan since its 2023 launch, the SFC said.The quarter saw 24 initial public offerings raise more than HK$70 billion, up over 70% from a year earlier, keeping Hong Kong the world's largest IPO fundraising market.SFC-authorised virtual asset spot exchange-traded funds saw market capitalisation rise 33% year on year to HK$5.47 billion as of end-November.Hong Kong-domiciled funds attracted net inflows of HK$46.9 billion, with assets under management rising 35.9% year on year to HK$2.27 trillion as of September.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592192516","isCrawlerRequest":true}