B · Normal
[Large-scale IPO projects are launched, and the supply of high-quality assets in Hong Kong stocks continues to expand] September 2nd, on the first trading day of September, the Hong Kong stock market ushered in the launch of large-scale IPO projects. Cross-border e-commerce giant Xiyin-W was officially listed on the main board of the Hong Kong Stock Exchange, raising approximately HK$13.2 billion. On the same day, Baidu Group officially completed the conversion from secondary listing status on the Hong Kong Stock Exchange to dual primary listing on the Hong Kong Stock Exchange and Nasdaq. Analysts believe that the continuous landing of large-scale IPO projects and the continuous deepening of the dual main listing mechanism mark the further broadening of the supply channels of high-quality assets in the Hong Kong stock market. As the return projects of leading technology companies, industry leaders and Chinese concept stocks continue to advance, the Hong Kong stock market is ushering in a wave of high-quality listing resource expansion. The increased supply of high-quality assets will further enhance the attractiveness of Hong Kong stocks to global funds and provide support for improvement in market liquidity and restoration of valuations. (China Securities Journal)
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