View of Hong Kong Exchanges and Clearing Ltd Photo: VCG

The Hong Kong stock market's IPO activity has been brisk since the beginning of 2026, with total funds raised at the market to date this year exceeding HK$79.12 billion ($10.12 billion), marking a year-on-year growth of 1,220 percent, China Securities Journal reported on Wednesday.

Industry experts noted that the revival of the Hong Kong IPO market results from the combined effects of institutional optimizations and relatively loose liquidity conditions. The Hong Kong IPO market in 2026 is expected to be very active, with growth pace becoming steadier and more sustainable, the report said. 

Since the beginning of the year, A-share listed companies such as Montage Technology, Muyuan Foods, and Han's CNC have successfully listed at Hong Kong Stock Exchange, and the dual listing model at Hong Kong and the mainland bourses continues to gain momentum, the report said.

According to data from industry portal choice.com, as of Tuesday, a total of 422 companies were queuing for stock listing at the Hong Kong Stock Exchange, with more than 100 having submitted their applications since the start of 2026. Among the companies applying for Hong Kong IPOs, more than 110 - including XGIMI Technology, Suzhou Uigreen Micro & Nano Technologies Co - are already listed on the mainland's A-share bourses.