More new listings in HK

Source:Global Times Published: 2017/9/25 21:03:39

Hong Kong IPO activity is expected to accelerate in the fourth quarter of 2017, with about 80 companies looking to get listed and total proceeds likely to reach up to HK$150 billion ($19.2 billion) for the full year, KPMG has forecast.

More than 10 companies in the technology, media, and telecom (TMT) sector are preparing to get listed in Hong Kong in the fourth quarter of 2017. In comparison, only three TMT companies listed between January and September.

In the IPO market in the Chinese mainland, offerings from industrial companies and the TMT sector are expected to drive the number and total value of IPOs.

Posted in: COMPANIES

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