AI Deal Frenzy Powers Hong Kong Fundraising to Record Summer
Bankers in Hong Kong skipped the summer break as an artificial intelligence-fueled rush for capital sent share sales to a record, defying a bruising selloff in the cityโs stocks.
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Bankers in Hong Kong skipped the summer break as an artificial intelligence-fueled rush for capital sent share sales to a record, defying a bruising selloff in the cityโs stocks.
Funds raised through Hong Kong initial public offerings (IPOs) doubled in the first nine months of 2026, reaching the highest level for the period since records began in 1980. A total of 112 companies raised US$48.4 billion on Hong Kongโs main board during the first nine months, according to data released by LSEG Data & Analytics on Wednesday. A further two companies listed on the cityโs Growth Enterprise Market (GEM). By deal count, the combined total of 114 new listings on the main board and...
Mainland Chinaโs stock exchanges have stepped up lobbying of companies and regulators to prioritise domestic listings after Hong Kong stole their thunder in fundraising activities in recent years, according to two sources familiar with the matter. The domestic exchanges recently met representatives of some mainland companies planning Hong Kong listings, especially first-time issuers and firms in sectors supported by national policies, a source said. โExchanges emphasised the benefits of listing...
Morgan Stanley, Goldman Sachs and Kaszek led a 360m real round. Launch has slipped to the second quarter of 2027, and the regulatory position is unstated. The post The A5X Funding Round Raised About US$70 Million to Challenge B3 in Derivatives, Not Equities appeared first on The Rio Times.
Kazakhstanโs businesses should prioritise long-term fundraising ambitions rather than quick wins in the Hong Kong and mainland Chinese markets, the managing director of the Central Asian countryโs sovereign wealth fund has said. Saltanat Satzhan, managing director for development and privatisation at sovereign wealth fund Samruk-Kazyna, said she also aimed to list state-owned rail operator Kazakhstan Temir Zholy (KTZ) in Hong Kong by the end of the year. KTZ, wholly owned by the government...
Overseas investors are returning as the group steps up its expansion plans.
Ferrexpo Plc, an iron ore miner in Ukraine working to stave off insolvency, raised about $100 million from investors through a long-awaited fundraising program that it had called essential for its continued survival.