HKEX's Xu Jingwei: TMT and AI related companies account for about 70% of the fundraising amount in Hong Kong stocks IPO
2026-10-16 17:23:52
According to CoinMeta, as reported by Cailian News on October 16th, Xu Jingwei, the head of the Global Listing Services Department at the Hong Kong Exchange, stated at the 2026 Global Financial Management Forum in Shanghai's Suhewan that since the beginning of this year, TMT and artificial intelligence-related companies have been actively financing in the Hong Kong capital market. These companies account for about 70% of the total fundraising amount in the Hong Kong stock market this year and about 50% of equity and equity-related issuances. He also revealed that among the mainland companies coming to Hong Kong for IPO this year, approximately 60% already have overseas revenue, and some companies derive more than half of their income from international markets. In addition, in recent years, about 80% of Hong Kong IPO listings have involved international cornerstone investors, with these investors coming from markets such as the United States, Europe, the Middle East, and the Asia-Pacific region.
Source:CLS
This content is for market information only and does not constitute investment advice.
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