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The Nexus
BUSINESSJun 30 · 02:00 UTCSCMP CHINAJulie Zhang

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

Hong Kong lost its IPO fundraising lead to Nasdaq following SpaceX’s listing but recorded an 84% year-on-year rise in IPO proceeds for H1 2026. The region remains a primary offshore financial hub for Chinese issuers, with 83 companies raising $26.42 billion on Hong Kong’s main board from January to June.

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