FX.co ★ Hong Kong IPO Fundraising Soars in 2025

Hong Kong's IPO fundraising efforts have reached over HK$76 billion so far this year, marking a sevenfold increase compared to the previous year and amounting to nearly 90% of the total expected for 2024, as noted by Financial Secretary Paul Chan. In a recent blog post, Chan emphasized Hong Kong's pivotal role as a "super-connector" linking China with international markets, particularly in the context of global uncertainties. Last week, two significant financial forums invigorated market activity by drawing foreign investors eager to expand in Asia. Moreover, the city hosted this year's largest global IPO. Meanwhile, the inaugural International Forum for Patient Capital, organized by the Hong Kong Investment Corporation, facilitated connections between tech firms and long-term investors. Following the enactment of a company re-domiciliation ordinance on May 23, a leading global insurer revealed intentions to transfer its registration to Hong Kong. Chan pointed out that the recent robust market performance and increasing international interest in doing business there illustrate investors' confidence in the city.