Fundraising activity is rebounding on HKEX, reinforced by additional follow-on fundraising and a strong IPO pipeline, according to CEO Bonnie Chan.
IPO s raised HK$8.6 billion during the quarter ended in June, representing a 79% quarter-on-quarter jump in funds raised, according to the exchange's 2024 interim report.
Speaking to CNBC's Emily Chan Tan on Wednesday, Chan said there have already been 43 initial public offerings this year, with many more in the pipeline. Still, the chief executive argued it is "too one dimensional" to only evaluate Hong Kong's performance as a fundraising hub by IPOs.
China Hong Kong Breaking News: Markets Markets Hong Kong Exchanges And Clearing Ltd Business News
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong IPOs signal rebound as HKEX remains ‘cautiously optimistic,' says CEOFundraising activity is rebounding on HKEX, reinforced by additional follow-on fundraising and a strong IPO pipeline, according to CEO Bonnie Chan.
Read more »
Comedian Eric André says he was racially profiled at Australian airportMithil Aggarwal is a Hong Kong-based reporter/producer for NBC News.
Read more »
JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake saleWalmart said the decision will allow it to 'focus on our strong China operations for Walmart China and Sam's Club, and deploy capital towards other priorities.'
Read more »
Asian stocks fall as yen strength weighs; Hong Kong hit by JD.com lossesAsian stocks fall as yen strength weighs; Hong Kong hit by JD.com losses
Read more »
Comedian Eric André says he was racially profiled at airportMithil Aggarwal is a Hong Kong-based reporter/producer for NBC News.
Read more »
Julien’s First Hong Kong Auction Will Offer Memorabilia From Bruce Lee to Taylor SwiftJulien's Auctions is holding its first auction in Hong Kong. The 'Legends in Motion' sale includes items from Bruce Lee, Michael Jackson, and more.
Read more »