Bloomberg.com reports strong Asia fundraising year, fueled by Hong Kong
Photo by Kaden Taylor on Unsplash
Hong Kong's share-sale market has rebounded, increasing nearly fourfold year-to-date to over $73 billion. This surge has made Hong Kong the top fundraising market in Asia, surpassing all others since 2013, and second globally only to the United States. A Bloomberg.com report indicates a significant resurgence in Hong Kong's share-sale market, reversing its prior association with China's economic downturn. Year-to-date, share sales in Hong Kong have nearly quadrupled, exceeding $73 billion through initial public offerings, placements, and block trades. This growth has propelled Hong Kong to the leading fundraising position.
Key takeaways
- com report indicates a significant resurgence in Hong Kong's share-sale market, reversing its prior association with China's economic downturn
- Year-to-date, share sales in Hong Kong have nearly quadrupled, exceeding $73 billion through initial public offerings, placements, and block trades
- This growth has propelled Hong Kong to the leading fundraising position in Asia for the first time since 2013, second only to the United States globally
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