Chen Maobo: The amount of IPO funds raised by Hong Kong stocks in the first half of the year exceeded 107 billion Hong Kong dollars, the first in the world
2025-07-06 10:59:51
The Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, said on the 6th that Hong Kong stocks rose by 18% last year, and the momentum continued to improve in 2025. The number of applications for IPOs in Hong Kong is increasing rapidly. The amount of funds raised in the first half of the year exceeded 107 billion Hong Kong dollars, an increase of about 22% over the whole of last year, temporarily ranking first in the world. Chen Maobo said that in the past period of the rise of Hong Kong stocks, funds mainly sought technology stocks, which led to a significant increase in the trading of derivatives related to technology stocks. "Exchange-traded products" (ETPs) linked to different types of assets have become a new force in supporting the liquidity of Hong Kong stocks in recent years, effectively playing the role of liquidity buffer in times of market volatility.
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