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Goldman Sachs: Cornerstone investors contributed 42% of this year's IPO financing amount for Hong Kong stocks, of which two-thirds came from overseas.
Jin10 data reported on July 17 that Goldman Sachs stated that the main driving force behind the recovery of the Hong Kong IPO market is the strong market rebound, which has reignited companies’ willingness to raise funds. At the same time, the Hong Kong Stock Exchange’s adoption of more relaxed listing rules has further encouraged new stock listings. For domestic companies, favorable regulatory support, demand for overseas funds, and the appeal of “going out” have all played a motivating role. The return of Chinese concept stocks to Hong Kong can alleviate potential delisting risks while attracting southbound fund purchases.