Executives from Budweiser Brewing Company APAC celebrate the beer maker’s mega listing in Hong Kong in September. Photo: Reuters

Hong Kong beats Nasdaq to IPO crown as Alibaba, Budweiser mega listings lift funds raised to US$40 billion for 2019

  • The Hong Kong stock exchange shot ahead of Nasdaq thanks to Alibaba’s mega listing in November, which raised US$12.9 billion
  • Outlook for 2020 is good, say analysts, as Alibaba’s performance since debut, and a breakthrough in US-China trade talks attract more listings
Topic |   IPO

TOP PICKS

Executives from Budweiser Brewing Company APAC celebrate the beer maker’s mega listing in Hong Kong in September. Photo: Reuters
READ FULL ARTICLE
Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.