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List exciting companies like Pop Mart, Mixue to keep stock market hot, HK exchange CEO says
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Hong Kong Exchanges and Clearing CEO Bonnie Chan credits the bourse's rebound to having familiar yet exciting names that appeal to younger investors.
PHOTO: REUTERS
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SINGAPORE - After years of sluggishness, Hong Kong’s stock market has rebounded to rank among the world’s top venues for initial public offerings (IPOs), with record trading as capital shifts from the US to Asia.
Average daily turnover in the first seven months jumped 124 per cent to a record HK$243.7 billion (S$40 billion), the highest level on record. A total of 53 companies have listed on the bourse in 2025 so far, compared with 40 in the whole of 2024, while IPO proceeds are up by 611 per cent to HK$127.9 billion, data from the Hong Kong Exchanges and Clearing (HKEX) showed.
