Exchange Square, which houses the city’s bourse, in Hong Kong. Photo: EPA-EFE
Exchange Square, which houses the city’s bourse, in Hong Kong. Photo: EPA-EFE
IPO

Hong Kong’s 2021 IPO ranking slips to fourth place as fundraising shriveled by 20 per cent amid China’s regulatory clampdown

  • HKEX data confirms forecast by accounting firms such as KPMG, which predicted earlier that the Hong Kong exchange would not be in top three IPO venues globally this year
  • 92 companies raised US$40.9 billion as of December 17 this year, 20 per cent less than the decade-high recorded in 2020 as a whole

Topic |   IPO
Exchange Square, which houses the city’s bourse, in Hong Kong. Photo: EPA-EFE
Exchange Square, which houses the city’s bourse, in Hong Kong. Photo: EPA-EFE
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