Eight Belt and Road firms file for Hong Kong IPOs as TDC lifts export outlook

Eight companies from Belt and Road Initiative countries have applied to list in Hong Kong, signaling sustained demand for the city's capital markets from Central Asia and other BRI regions. The TDC also raised its export forecast and cited improving China-US ties as a tailwind. The development underscores Hong Kong's role as a listing hub for BRI-linked issuers, though the scale of the IPOs and their market impact remain unclear.