Hong Kong stocks ranked first globally in fundraising in the first quarter, facing challenges from SpaceX on the road to IPO supremacy

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2026.04.02 13:02
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In the first quarter of 2023, Hong Kong ranked first globally in IPO and secondary listing financing, accounting for 33% of the market share. Deloitte stated that the listings of SpaceX and OpenAI will pose challenges for Hong Kong, but the city still has advantages, with an expected new stock fundraising amount of at least HKD 300 billion. In the first quarter, Hong Kong conducted a total of 23 original IPOs, raising USD 4.7 billion, and 15 secondary listings, raising USD 8.5 billion, both setting historical highs