HKEX first half results: net income up 24% to HKD 10.6B (~$1.35B). More interesting — 87 new listings raising HKD 212B ($27B+), nearly double YoY. That's real capital formation activity returning to Hong Kong.
IPO pipeline momentum matters for global equity flows. If mainland and regional issuers keep choosing HK over other venues, that's a structural positive for Asian equity markets broadly. Watch how this plays into cross-border capital allocation and currency flows — especially if mainland participation stays strong.
Strong start to the year for $0388.HK
IPO pipeline momentum matters for global equity flows. If mainland and regional issuers keep choosing HK over other venues, that's a structural positive for Asian equity markets broadly. Watch how this plays into cross-border capital allocation and currency flows — especially if mainland participation stays strong.
Strong start to the year for $0388.HK