Intensive listings in Hong Kong, the "A-share content" of Hong Kong stocks increases

Wallstreetcn
2026.01.04 10:53

According to incomplete statistics, by December 2025, more than 20 A-share listed companies, including Juchen Co., Ltd., Tuosida, Zhongwen Online, and Tianfu Communication, disclosed (including updated disclosures) announcements related to listing in Hong Kong. Wind data shows that in 2025, a total of 19 A-share listed companies entered the Hong Kong stock market, raising a total of HKD 139.993 billion, accounting for nearly half of the total IPO amount for Hong Kong stocks for the year. Ernst & Young believes that the capital markets of the mainland and Hong Kong have entered a stage of complementary development, with both markets working together, and the "A+H" model is expected to remain popular. The Hong Kong Stock Exchange continues to promote the optimization of the listing system, further enhancing the overall efficiency and competitiveness of the Hong Kong securities market. (China Securities Journal)