Video wall at HKEX Connect Hall at the Exchange Square in Central on 28 February 2018. Photo: SCMP/Xiaomei Chen

Hong Kong’s stock exchange posts its quietest first quarter since 2009 as blockbuster IPOs looked elsewhere to raise funds

  • Equity capital market funds fell 66 per cent in the first quarter to US$6.98 billion, making this the quietest quarter since 2009
  • Bolstered by Lyft’s US$2.3 billion IPO last month, Nasdaq jumped to the top of the world’s fundraising ranking with US$4.4 billion raised, surpassing Hong Kong’s US$2.8 billion
Topic |   IPO

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Video wall at HKEX Connect Hall at the Exchange Square in Central on 28 February 2018. Photo: SCMP/Xiaomei Chen
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