According to the public information statistics as of November 30, 2024, Ernst & Young stated that it is expected that a total of 64 companies will debut on the Hong Kong market in 2024, raising a total of 83.4 billion Hong Kong dollars.
According to the report by China Fortune Financial News App, Ernst & Young stated that based on public information statistics as of November 30, 2024, it is expected that a total of 64 companies will debut on the Hong Kong market in 2024, raising a total of 83.4 billion Hong Kong dollars. Compared to the same period last year, the number of IPOs and fundraising amount decreased by 6% and increased by 80% respectively. The bank predicts that there will be 70 IPOs in Hong Kong this year, raising no more than 100 billion Hong Kong dollars.
As for the global IPO fundraising ranking, as of November 28, this year, the Hong Kong Stock Exchange (00388) ranks fourth, raising 10.7 billion US dollars, higher than the sixth place in the same period of 2023. However, the top spot in global IPO fundraising belongs to India and the Mumbai Stock Exchange, raising 18 billion US dollars, while the second and third places are taken by NASDAQ and the New York Stock Exchange, raising 16.5 billion US dollars and 15.6 billion US dollars, respectively.
The fundraising rankings of the Shanghai Stock Exchange and the Shenzhen Stock Exchange, which were first and second last year, have dropped to sixth and seventh place this year, raising 4.4 billion US dollars and 3.65 billion US dollars, respectively.