Funds from Hong Kong’s initial public offerings (IPOs) soared eightfold in the first six months of 2025 from last year, propelling the city to the top of global rankings for the first time since 2019.
A total of 42 companies raised US$13.5 billion on the Main Board of the Hong Kong stock exchange during the first half, according to data released on Monday by the London Stock Exchange Group (LSEG). Nasdaq was second with US$8.85 billion, while the New York Stock Exchange ranked third with US$7.52…
