HONG KONG STAYED AHEAD of the US as the world’s top spot for share market launches, new data showed yesterday.
In just three months ending yesterday, 37 companies raised US$13.26 billion on the Hong Kong stock exchange, LSEG Data and Analytics of London revealed.
This puts the southern Chinese city number one in the world for IPOs (initial public offerings), as it was in 2025.
A distant second place was Nasdaq, with US$5.65 billion from 18 IPOs, and the New York Stock Exchange was third with just nine listings, raising US$4.95 billion.
But the US could overtake Hong Kong to grab the top spot later in the year, with SpaceX and OpenAI both primed to launch.
Still, Hong Kong has been the planet’s top player in share market launches on average over much of the past decade and a half.