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7.3
Hong Kong IPO proceeds double to HK$388b in 9 months, beating 2025 total
South China Morning PostLO·HK · CN·1 day ago
Hong Kong IPO performance deteriorates sharply: 15 of 31 Q3 debuts fell on first day, versus 14 of 77 in H1, with Medcaptain Medical down 43% and Shein tumbling 10%. This signals weakening risk appetite for new listings in the city, likely due to oversupply and broader market caution. Concurrently, China's homebuyer support measures and EU trade talks add to the mixed macro backdrop, but the IPO data is the most concrete market signal.
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