HKEX interim chief executive predicts bullish IPO market in Year of the Ox

2021-08-21 00:00 346 View
With the market soaring to an over-30-month high on Tuesday, Calvin Tai Chi Kin, interim chief executive of Hong Kong Exchanges and Clearing Limited (HKEX), expressed optimism that the fund-raising through initial public offerings (IPOs) will continue to be robust this year.
 
The market had a bullish start on the first trading day of the Year of the Ox. The benchmark Hang Seng Index opened higher Tuesday and hit 30,793.48 points in the afternoon, the strongest level since June 2018. The index closed at 30,746.66 points, up 1.90 percent from the previous trading day.
 
When addressing the Lunar New Year Market Open Ceremony, Tai said HKEX will continue to introduce more new economy and biotech businesses and bring more opportunities for investors.
 
Hong Kong has built a favorable financial ecosystem for businesses in the new economy and biotechnology, which accounted for about 60 percent of the total IPO fund-raising here in 2020, Tai said.
 
IPO equity funds raised in Hong Kong last year stood at 51.28 billion U.S. dollars, up 26.5 percent from 2019, according to an annual report of the HKEX. The bourse was ranked as the world"s second-largest IPO market only after Nasdaq. 
Related content
  • Aluminum foil is a versatile material used in a wide range of applications including packaging, insulation, and cooking. Due to its excellent properties, such as being lightweight, durable, and easy to handle, aluminum foil has become highly popular in the global market. In this article, we will discuss the top 10 leading aluminum foil manufacturers and suppliers in the world.1. AlcoaAlcoa is a leading aluminum foil producer in the world, based in Pittsburgh, Pennsylvania. It is one of the world
  • Aluminum tubes are commonly used in various industries such as construction, automotive, aerospace, and packaging. Choosing the right aluminum tube manufacturer can have a significant impact on the quality and performance of the final product. In this article, we will discuss the top 10 leading aluminum tube manufacturers and suppliers in the world.1. Kaiser AluminumKaiser Aluminum is a leading producer of fabricated aluminum products in North America and operates in the aerospace, automotive, d
  • Aluminium 3030 is a popular aluminum alloy with excellent mechanical properties and good weldability properties. It is often used for structural applications in the automotive, aerospace, and marine industries. As demand for aluminium 3030 continues to grow, manufacturers and suppliers around the world are working hard to meet the needs of their customers. In this article, we will discuss the top 10 leading aluminium 3030 manufacturers and suppliers in the world.1. Alcoa CorporationWith headquar
  • Aluminium channels are used in a variety of industries, including construction, automotive, and aerospace, among others. Finding a reliable and trustworthy aluminium channel manufacturer or supplier is crucial to ensure the quality of the channels used in various applications. In this article, we highlight the top 10 leading aluminium channel manufacturers and suppliers in the world.1. Aluminium 2000Aluminium 2000 is a global leader in aluminium extrusion and fabrication and is headquartered in
Related recommendations
STOCKS NEWS
Hot Content
  • company_name : Semiconductor Manufacturing International Corporation . Date : 2000-04-03 . listing_date : 2020-07-16 . Stock_code : 688981.SH、0981.HK . stock_market : sh . address : CricketSquare,HutchinsDrive,P.O.Box2681,GrandCaymanKY1-1111,CaymanIslands . zip : 201203 . phone : 86-21-20812800 . fax : 86-21-50802868 . site : www.smics.com .
  • company_name : Ninebot Limited . Date : 2014-12-10 . listing_date : 2020-10-29 . Stock_code : 689009.SH . stock_market : sh . address : Maples Corporate Services Limited at PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands . zip : 100192 . phone : 86-10-84828002*841 . fax : 86-10-84828002 . site : www.segway.com,www.ninebot.com,www.segwayrobotics.com .
  • company_name : Zhejiang Supcon Technology Co., Ltd. . Date : 1999-12-07 . listing_date : 2020-11-24 . Stock_code : 688777.SH . stock_market : sh . address : No.309 Liuhe Road, Binjiang District, Hangzhou, Zhejiang Province . zip : 310053 . phone : 86-571-86667525 . fax : 86-571-81118603 . site : www.supcontech.com .
  • company_name : Tianneng Battery Group Co.,Ltd. . Date : 2003-03-13 . listing_date : 2021-01-18 . Stock_code : 688819.SH . stock_market : sh . address : Industrial Park, Kishan Town, Changxing County, Huzhou City, Zhejiang Province . zip : 313100 . phone : 86-572-6029388 . fax : 86-572-6129388 . site : www.cn-tn.com .
  • company_name : Shenzhen Consys Science&Technology Co., Ltd. . Date : 2004-02-27 . listing_date : 2020-10-22 . Stock_code : 688788.SH . stock_market : sh . address : 5/F, Avionics Engineering R&D Building, No. 7, Langshan Road, Gaoxin North District, Xili Street, Nanshan District, Shenzhen, Guangdong Province, China . zip : 518057 . phone : 86-755-86111131*8858 . fax : 86-755-86111130 . site : www.consys.com.cn .
Contact
  • 86-021-88888888
  • 86-021-88888888
  • info@company-cn.com