The financial secretary of Hong Kong forecasted that the amount of funds raised via public listings in the city will increase significantly in 2025.
Hong Kong financial secretary Paul Chan predicted that initial public offerings (IPO) could raise between $17 billion and $20 billion in 2025, according to an «SCMP» report citing a statement made during a tech forum last week. This compares with $11 billion raised via IPOs in 2024.
«The free flow of people, capital, goods and information, and the unparalleled connectivity we have established with the mainland and the world, are vital to tech innovation activities and attracting top-tier talent from around the globe,» Chan said, adding that Hong Kong continues to «practice common law and adhere to the best international business standards and practices».
