UBS forecasts Hong Kong IPOs to surpass 300 billion HKD next year, leading global rankings

Li Zhenguo, Vice Chairman of UBS Global Investment Banking, reported that the new listing channel for technology companies on the Hong Kong Stock Exchange will facilitate 150 to 200 IPOs next year, exceeding 300 billion HKD.

Key sectors for IPOs will include consumer goods, high technology, and AI. Interest rate cuts and improved consumption from mainland China are set to bolster market growth, while Greater China stocks present attractive valuations compared to their US equivalents.

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