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Economy

HK market likely to see IPO of 200 stocks with financing exceeding HKD180 bln in 2019: Deloitte

December 19, 2018


Abstract : Up to 200 new IPOs are expected to be launched at the Hong Kong Stock Exchange in 2019, which is likely to raise more than 180 billion Hong Kong dollars, predicted by Deloitte China in an analysis report released on Monday.

IPO

BEIJING, Dec. 19 (Xinhua) -- Some 200 new IPOs are expected to be launched at the Hong Kong Stock Exchange in 2019, which is likely to raise more than 180 billion Hong Kong dollars, predicted by Deloitte China in an analysis report released on Monday.

According to the report, HK bourse has seen IPOs of 208 stocks as of December 14, which has accumulatively raised 286.6 billion Hong Kong dollars, up 123 percent over last year.

Deloitte predicts that new industries, such as technology, medicine, biotechnology, as well as education, would be focus in the market in the future. (Edited by Li Wenxin, liwenxin@xinhua.org)

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Keyword: Hong-Kong IPO

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