Hong Kong Financial Secretary: More than 200 companies are lining up to go public in Hong Kong.

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"(IPO) is very strong."

Recently, Hong Kong Financial Secretary Paul Chan Mo-po stated in a public interview that more than 200 companies are currently in line to conduct initial public offerings (IPOs) in Hong Kong.

Paul Chan pointed out that the main driving force behind this trend is the increasingly global demand of mainland Chinese companies.

For mainland enterprises going global, using Hong Kong as a platform to raise funds and attract talent to help them expand overseas is an excellent business choice.

The enthusiastic market response confirms this view. The Hong Kong stock market has rebounded sharply since the end of last year, with the benchmark Hang Seng Index rising 29% in 2025, making it one of the best-performing developed markets globally. This surge has seen active participation from global investors; according to Paul Chan, half of the current market trading volume comes from investors in Europe, the United States, the Middle East, and other parts of Asia, while the other half comes from mainland China.

Hong Kong IPOs remain hot, Q3 fundraising reaches four-year high

Hong Kong’s stock issuance market is enjoying a bountiful year in 2025.

Data shows that equity financing activities in Hong Kong—including IPOs, private placements, and large-scale share transactions—posted their best performance in over four years in the third quarter. The total fundraising in just these three months has already surpassed the level for all of 2024.

The renewed market enthusiasm has attracted several heavyweight companies.

Recent high-profile listings include battery producer CATL and Chinese mining firm Zijin Gold International Ltd. The successful listing of these major companies has further boosted confidence in Hong Kong as the preferred location for IPOs.

Financial summit becomes a "touchstone" for market confidence

With market activity heating up, attention is closely focused on the upcoming Global Bankers Summit to be hosted next month by the Hong Kong Monetary Authority (HKMA). This summit will serve as an important barometer of the international financial community's confidence in Hong Kong.

Paul Chan says the summit response has been "extremely enthusiastic," with about 100 CEOs or Chairman-level executives planning to attend.

He describes the event as "an unmissable gathering for Asian business leaders."

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