Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
IPO volume in Hong Kong
World exchanges

IPO volume in Hong Kong in 2022 dropped 70%

03.04.2023
2 min read

Analysts: the number of IPOs in Hong Kong should grow in 2023

In 2022, the global stock market saw a decline in activity. Investors were in no hurry to invest and buy shares, and companies, aware of all the risks, postponed going public. As a result, the number of IPOs decreased significantly. For example, the volume of IPOs in Hong Kong in the year fell by 70% to almost $13 billion. Experts note that this figure is the worst in the history of the trading platform.
If we consider the situation in the Asia-Pacific region as a whole, the yield from listings decreased by 29%. Losses of the Hong Kong Stock Exchange and other neighboring sites offset the stock market in China, where in 2022 recorded a record number of proceeds from the IPO – 93.5 billion dollars.
Despite a disappointing year, experts predict that 2023 will be a more successful year for the Hong Kong exchange. One of the reasons for increased activity in the local market will be the lifting of anti-covid restrictions and the easing of outbreak prevention measures. In addition, Hong Kong’s economy is beginning to regain momentum after the pandemic-related slowdown. A number of companies have already filed for IPOs, and analysts are hopeful that their IPOs will take place soon.IPO in Hong KongActivity on the Hong Kong stock exchange picked up noticeably after the Chinese New Year holiday. Chinese companies that postponed their listings last year announced their intention to list this year. These include Xiamen International Bank, which has a good chance of raising $1.3 billion. Ruqi Mobility, a taxi service owned by the GAC automobile group, is also among those ready to go public.
The strict measures to prevent COVID-19 outbreaks had a negative impact on China’s economy as a whole. As a result, Hong Kong’s budget lost about $27 billion. According to analysts, if China’s policy had been more flexible during the pandemic, Hong Kong’s economy could have grown by about 2.8% in 2019-22, allowing it to outperform 2018 by 7%. However, to prevent the spread of the disease, local authorities closed the borders for almost 3 years, severely affecting industry and business. Only at the end of last year, the Chinese government relaxed measures against COVID-19, which has already had a positive effect on economic growth in China and Hong Kong. Experts hope that in the near future, the stock exchange will also begin the process of recovery after a certain lull.

Tags: World exchanges
0
Previous Post Loss of creativity: how to innovate without compromising the brand image Next Post Saudi Arabia plans to increase investment in Pakistan's economy

You Might Also Like

Tullow Oil
World exchanges
British energy company Tullow Oil plans to delist on the Irish stock exchange
04.12.2022
Independent Reserve and DBS have been licensed by MAS Singapore
World exchanges
Independent Reserve and DBS are licensed to operate in the Singapore market
04.06.2022
Tallinn Stock Exchange
World exchanges
Tallinn Stock Exchange evaluates its work for 2022
11.04.2023
Euronext
World exchanges
Europe’s largest exchange Euronext loses capital: the reasons
22.02.2023
Laos cryptocurrency exchanges
World exchanges
Two cryptocurrency exchanges in Laos received approval from the country’s Central Bank
24.06.2022
The Warsaw Stock Exchange
World exchanges
Warsaw Stock Exchange acquires Armenian Stock Exchange
30.09.2022

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics