2024 predictions: Hong Kong IPOs to rebound from bottom
Hong Kong’s initial public offering (IPO) activities are expected to rebound from rock bottom. Chinese institutional investors are set to play a bigger role, while more Middle Eastern capitals might come in.
This is a four-part series of thematic predictions for 2024. This is the first story.
Hong Kong’s initial public offering (IPO) market is expected to show gradual signs of recovery in 2024, driven by China’s economic recovery and a possible interest rate cut in the United States, industry players said.
Other positive factors include Hong Kong’s closer ties with the Middle East, some potential spin-off listings of large Chinese companies, and IPOs of large growth companies in sem…
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