more than 100 new IPOs are expected to be listing in HK market in 2023
Looks like 2023 will be the year for Chinese stock market after they had been crashing down for 2 years straight. According to PwC, more than 100 new listings are expected to raise around HK$200 billion (US$25.6 billion) in HK market in 2023.
The top 6 IPO that investor could see are $Alibaba (BABA.US)$'s Ant Group, ByteDance, Syngenta, Amer Sports, $FWD GROUP HOLDINGS LIMITED (810347.HK)$ and $DiDi Global Inc (DIDIY.US)$ among the blockbuster IPOs investors can look forward to this year.
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Currently holding a BABA bull CALL spread thinking that 2023 will be a great year for BABA, Also had been holding DiDi for the longest time waiting for their HK IPO since they got delisted... Will 2023 be the year where patience pays off?
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MonkeyGee : is DIDIY one of them?
doctorpot1 OP MonkeyGee : They are mentioned that they may IPO in 2023 Hope they really do
Milk The Cow : Ic , maybe this is the reason for the usd crash as more sell off for rmb for the hk listing ?
Also saw that the Chinese stock moving bullish maybe due to this listing .
See $Alibaba (BABA.US)$ seem to be coming back to life also.
doctorpot1 OP Milk The Cow : yea lucky manage to grab a 90C before it rally hahaha.. 2023 the year of China stock? hope so hehehe