Hong Kong Tops IPO Fundraising in 2018

The Hong Kong Stock Exchange (HKEx) was the world’s top IPO fundraising market in 2018, for the sixth time in the last ten years. According to market statistics published by HKEx for the period from 1 January 2018 to 14 December 2018, Hong Kong IPOs raised HK$277,848.5 million (US$35,580 million), the highest amount since 2010. The New York Stock Exchange ranked second with IPO funds raised of US$28,574 million. HKEx also saw record highs in securities market turnover and derivatives market volume in 2018.Read More…