Traded ValueWish everyone a profitable year on the second trading day of the new year!
Hong Kong stocks are following the same path as A-shares.
The current H-share IPO review committee treats the IPO issuance volume as a means to boost the market and impact global rankings (it ranked fourth globally in 2023, and the relevant departments seemed very excited when showcasing this achievement). They believe this can revitalize the market and economy (Can it? Mature investors know the answer). They frequently drain liquidity from the market. Previously, they were forced to lower handling fees due to investor and public pressure, and now they want to make up for it by issuing more IPOs...
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