Hong Kong processed 698 initial public offering applications through May 29, with 500 applications still under review, according to a monthly report released by Hong Kong Exchanges and Clearing (HKG:0388) on Friday.
Hong Kong recorded 62 new listings year-to-date, with all but one on the main board. On the flip side, 22 companies delisted during the period.
The number of listed companies stood at 2,726 as of May 29, up from 2,686 at the start of the year, data showed.
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