Hong Kong IPO funds surge past full-year 2025 total in first nine months of 2026

Funds raised through initial public offerings in Hong Kong more than doubled year on year to over HK$388 billion (US$49.4 billion) in the first nine months of 2026, already surpassing the total amount for the whole of last year, according to Financial Secretary Paul Chan Mo-po.

Adding to the positive outlook, Clara Chan Ka-chai, CEO of the government-owned Hong Kong Investment Corporation (HKIC), noted on Sunday that more than 30 of its portfolio firms were preparing to apply for Hong Kong listings this year.

Paul Chan also revealed in his weekly blog that the average daily turnover on Hong Kong’s stock market from January to September stood at HK$272.9 billion, representing 6.4 per cent year-on-year growth.

“The yields of long-term US bonds have risen to a 24-year high, which has heightened investor concerns over global economic prospects and inevitably dampened recent sentiment in the Hong Kong stock market,” he said.