PwC Estimates 80 Firms to be Listed in HK This Yr; IPO Fundraising Max. $80B

　　PwC is cautiously optimistic about the Hong Kong IPO market. In the second quarter, it spotted signs of gradual recovery. At the moment, more than 100 companies have submitted listing applications to HKEX (00388.HK) -1.400 (-0.560%) Short selling $65.02M; Ratio 10.026% .

　　It is measured that if market sentiment continues to improve in the second half of the year, there will be opportunities for some large IPOs with capital raised of more than $5 billion to be listed in Hong Kong.

　　Related NewsConsolidated List of Brokers' Top HK Stock Picks (Everbright Securities International, CMBI)

　　It is also estimated that about 80 companies will be listed in Hong Kong this year, and the amount of funds raised may whop $70-80 billion. In the second half of the year, the market will focus on sectors related to IT and telecommunications services, AI, and retail, consumer goods and services.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-02 12:25.)

　　AAStocks Financial News