Hong Kong Leads Global IPO Fundraising in 2026, Finance Chief Says

Hong Kong's Financial Secretary, Paul Chan, announced on April 26 that the city's IPO fundraising has continued to lead globally this year, following last year's success. According to Jin10, as of last week, Hong Kong's IPO fundraising exceeded HKD 140 billion. Since March, the average daily turnover of Hong Kong stocks has surpassed HKD 280 billion, demonstrating the resilience of Hong Kong's financial market despite global uncertainties. With the upcoming May Day Golden Week in China, the Hong Kong Special Administrative Region's Immigration Department anticipates approximately 980,000 mainland visitors during the holiday period, marking a 7% increase compared to the same period last year. The government plans to enhance support and manage crowds at popular attractions to improve visitor experiences, benefiting sectors such as dining and retail.