HKEx IPO Market Q1 2020
Despite the COVID-19 pandemic impacting global IPO markets, Hong Kong and Mainland China’s IPO markets performed well in Q1 2020, with the Shanghai Stock Exchange (SSE) claiming the top spot in terms of IPO funds raised (US$ 9.9 billion), mainly due to the popularity of the STAR Market, and the Hong Kong Stock Exchange taking fifth place in terms of IPO funds raised (US$ 1.8 billion) (compared to its second place position for Q1 2019 with IPO proceeds of US$ 2.6 billion).[1] NASDAQ, Thailand and the NYSE ranked second, third and fourth, respectively.[2] Read More…