Fifty-three companies listed on HKEX so far this year, raising over 157 bln HKD

2026-05-15 16:49 Last Updated At：05-16 11:40

A total of 53 companies have been listed on the Hong Kong Exchanges and Clearing Limited (HKEX) so far this year, raising 157.8 billion HK dollars (around 20.16 billion U.S. dollars) and marking a year-on-year increase of 571 percent, data from the HKEX showed.

Among these companies, 48 are from the Chinese mainland, boosting the HKEX to lead the global IPO market.

"According to the HKEX, the number of companies waiting in line for IPOs has exceeded 500. The market generally expects this year to be a record-breaking year, with the number of listings exceeding 160 and total funds raised exceeding 320 billion HK dollars (around 40.86 billion U.S. dollars)," said Shen Hua, vice chairman of the Chinese Asset Management Association of Hong Kong (HKCAM).

Analysts say the IPO boom highlights two trends: first, many Chinese tech companies are leveraging Hong Kong's financial hub to access global capital; second, international investors are racing to capitalize on China's emerging productive forces.

Among the companies applying for listing, technology companies in artificial intelligence, high-end semiconductors, biomedicine and advanced manufacturing have become the absolute main force, with leading companies with market capitalizations of over 10 billion HK dollars, accounting for more than 70 percent.

"We are also pleased to see global capital begins to flow back to the Hong Kong market, especially as cornerstone investments by sovereign funds in IPOs increased from 18 percent in 2024 to nearly 40 percent now. Meanwhile, U.S. investment in A-shares and Hong Kong stocks has also reached a historic high," said Shen.

"Whether it's the booming IPO market or the increased recognition of Chinese assets by global investors, both reflect a gradual return of long-term funds--including sovereign wealth funds and pension funds--back to Hong Kong, investing real money as a vote of confidence," said Xing Ziqiang, chief China economist at Morgan Stanley.

China-Indonesia "Sharp Knife 2026" counter-terrorism joint training concludes

The China-Indonesia "Sharp Knife 2026" army counter-terrorism joint training concluded in Guangzhou City of south China's Guangdong Province on Monday.

At the closing ceremony, commanders from both sides delivered remarks and awarded certificates to outstanding participants.

During the live-force phase, the participating troops conducted joint mountain counter-terrorism rescue operation, completing subjects including covert infiltration, coordinated rescue, and search and clearance.

Since the training started on October 27, participating troops from both sides were organized into mixed formations to undergo specialized training, tactical coordination, and comprehensive exercises. The two sides also conducted thematic seminars, weapon and equipment displays, sports competitions, and cultural exchanges.

As the third edition of this series of joint training, the Sharp Knife 2026 is of great significance for enhancing traditional friendship between the two countries, promoting bilateral defense cooperation, and safeguarding regional peace and stability.