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
