Mainland companies actively go public in Hong Kong, and the rate of new stock listings in Hong Kong hitting a new low in nearly five years.

On June 25th, Jinshi Data reported that more than half of 2024 is about to pass, and the new stock market in Hong Kong has ushered in new changes. As of June 24th, 27 companies were listed on the Hong Kong Stock Exchange, of which 26 were mainland Chinese companies. From the situation in the first half of this year, Hong Kong stocks have not yet seen a "super IPO" with a fundraising of billions of Hong Kong dollars, but there are many "mosquito stocks" that have listed on the main board threshold. However, the proportion of new Hong Kong stocks falling below the issue price in the first half of this year has reached a new low in nearly five years. Industry insiders expect that in the next period of time, as the valuation of Hong Kong stocks further recovers, more and more companies will choose to list in Hong Kong.