(Hong Kong Bloomberg News) Chen Yiting, the new chief executive officer of the Hong Kong Exchange, said that with the improvement of the basic situation and the help of Chinese regulatory agencies, the Hong Kong Stock Exchange is expected to reproduce the market for the first time.
Chen Yingting attended the Saudi Arabia Capital Market Forum in Hong Kong on Thursday (May 9th), told Bloomberg TV that there are currently 100 applicants in the Hong Kong Stock Exchange that 100 applicants are waiting to be listed in Hong Kong.Mainland companies are mainly from the field of science and technology, but they do not explain which companies are.
It is rumored that Ant Group and Didi Global will seek to go public in Hong Kong.Bloomberg quoted people familiar with the matter last July that the Ant Group plans to reorganize and pave the way for the company to restart the plan of the IPO in Hong Kong. Last October reported that people familiar with the matter said that Didi Global plans to go public in Hong Kong in 2024.
When Chen Yiting took over as the Chief Executive Officer of the Hong Kong Stock Exchange in March this year, Hong Kong IPO and stock transactions faced a long -term downturn. In 2023, The IPO raised funds of the Hong Kong Stock Exchange fell to the lowest level in 20 years .
However, with the release of support measures in mainland China, including encouraging more enterprises to go public in Hong Kong and expand the connection between Shanghai and Shenzhen and Hong Kong Stocks, Hong Kong stock transactions have rebounded in the near future.Chen Yiting said, "The situation I saw in the last two weeks of April gave us great hope."
The Hong Kong benchmark stock index has soared by 23%since January low, while boosting the transaction, it also provides support for potential IPOs.
