Hong Kong IPO proceeds double to HK$388b in 9 months, beating 2025 total

Hong Kong IPO fundraising reached HK$388 billion in the first nine months of 2026, more than double year-on-year and already exceeding the full-year 2025 total. The surge, driven by a wave of listings and HKIC portfolio firms preparing to list, signals a sustained recovery in Hong Kong's capital markets and improved risk appetite for China-linked assets.