BUSINESSSCMP CHINA
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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