The Hong Kong initial public offering (IPO) market has been booming since the beginning of 2026, with total funds raised on the Hong Kong Stock Exchange (HKEX) increasing tenfold compared to last year.
According to the latest data from Chinese financial data and information data provider Wind, as of Feb 25 this year, 24 companies have completed their Hong Kong IPOs, a year-on-year increase of 166.67 percent, raising a total of 89.226 billion Hong Kong dollars (about 11.41 billion U.S. dollars), a year-on-year increase of 1013.59 percent.
Among them, AI companies such as Biren Technology and Z.ai have successively completed their listings, each raising more than 5 billion Hong Kong dollars. Their first-day gains all exceed 50 percent, an eye-catching headstart for the AI sector at the beginning of the year.
Meanwhile, statistics showed that as of Feb 25, a total of 391 companies were waiting in line for HKEX listing, among them, 110 were A-share listed companies.
In 2025, the total amount raised by Hong Kong IPOs reached 286.91 billion Hong Kong dollars, a significant increase of 225.49 percent compared to 2024, reclaiming its top spot in the global IPO market.
Hong Kong IPO market surges tenfold since beginning of 2026
A promotional event for the English edition of the fifth volume of "Xi Jinping: The Governance of China" was held in Jakarta, Indonesia on Tuesday.
Participants at the event said the fifth volume reflects the latest achievements in the development of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and serves as an authoritative work for the international community to understand contemporary China.
China has embarked on a new journey under its 15th Five-Year Plan (2026-2030), while Indonesia is steadily advancing toward its Golden Indonesia 2045 vision. By strengthening strategic synergy and deepening development cooperation, the two countries will not only deliver tangible benefits to their people, but also inject strong momentum into the growth of the Global South and the improvement of the global governance system, they said.
At the event, the Chinese side presented copies of the book to Indonesian guests.
Experts and scholars exchanged views on topics including opportunities under China's 15th Five-Year Plan, common modernization and poverty alleviation experience.
Representatives from a training program for Indonesian village officials shared their experiences of studying and engaging in exchanges in China, as well as how they have applied what they learned from China to village governance.
The event was jointly organized by the State Council Information Office of China, the China International Communications Group, and the Chinese Embassy in Indonesia.
About 200 participants from China and Indonesia, including representatives from the publishing sector, think tanks and media, attended the event.
English edition of fifth volume of "Xi Jinping: The Governance of China" promoted in Indonesia
