Hong Kong IPO fundraising doubles to record US$48.4B in first nine months

Hong Kong IPOs raised US$48.4 billion in the first nine months of 2026, doubling year-on-year and setting a record for the period since 1980, per LSEG data. The surge reflects strong investor appetite for Chinese listings despite Nasdaq's higher total fundraising. This signals robust capital flows into Hong Kong's equity market, potentially boosting regional risk sentiment.