Hong Kong’s IPO market accelerates amid tariff uncertainty, China stimulus optimism
115 IPO applications have been submitted as at Apr 30, more than double the 55 recorded during the same period in 2024
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[SINGAPORE] Companies have been flocking to file applications for initial public offerings (IPOs) in Hong Kong amid uncertainty surrounding trade tariffs, and optimism on China’s stimulus measures.
As at Apr 30, a total of 115 IPO applications has been submitted – more than double the 55 applications recorded during the same period in 2024.
According to Dealogic data, IPOs in Hong Kong have raised US$2.4 billion from 16 deals for 2025 as at May 6 – more than twice the US$1 billion raised from 15 IPOs over the same period in 2024. Hong Kong currently ranks fifth globally in IPO funds raised this year.
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