Hong Kong Leads in Share Sales, Surpassing India Since 2021

Chinese Companies Drive Hong Kong’s Share Market Growth

Hong Kong has reclaimed its spot as the world’s second-largest share sales market this year, outpacing India for the first time since 2021. This success is primarily attributed to Chinese companies, such as BYD and Xiaomi, capitalizing on the stock market’s recovery.

Remarkable First-Quarter Proceeds Growth

• Hong Kong’s first-quarter proceeds from IPOs, block sales, and share placements skyrocketed 11 times compared to last year, exceeding $16 billion.
• This impressive figure places Hong Kong in second place, just behind the US, in terms of share sales proceeds.

Decline in Indian Share Sales

Conversely, Indian deals decreased by nearly half to $6.9 billion, causing India to fall behind Japan and the UK in the share sales rankings.

Hong Kong’s Share Market Revival

Thanks to the robust performance of Chinese companies, Hong Kong’s share market has seen a significant revival. This growth has enabled Hong Kong to reestablish itself as one of the world’s top share sales markets.