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The Nexus
BUSINESSJun 30 · 02:00 UTCSCMP WORLDJulie Zhang

Hong Kong IPOs ride China’s tech wave, but Nasdaq leads way with SpaceX tsunami

Hong Kong's IPO proceeds rose 84% year-on-year in H1 2026, but Nasdaq overtook it as the top fundraising market due to SpaceX's listing. Hong Kong remains a key offshore financial hub for Chinese issuers.

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