Hong Kong IPO Market Surges in H1 2026 with 84 Listings Raising HK$210 Billion; H2 Forecast Reaches HK$3 Trillion

According to Hong Kong Economic Journal, Hong Kong's IPO market surged in the first half of 2026, with 84 new listings raising HK$210 billion, up 100% and 92% year-on-year respectively, marking the highest fundraising in five years for the same period. As of end-June, the Hong Kong Stock Exchange had 528 pending listing applications under review.

Looking ahead to the second half, multiple accounting firms forecast full-year IPO fundraising will reach at least HK$300 billion, with PwC raising its estimate to HK$380 billion. A+H dual listings dominated the top 10 IPOs, reflecting a trend among major mainland enterprises seeking cross-border financing. Hard tech sectors including artificial intelligence, semiconductors, and biotech companies listed under Chapter 18A remained highly active.