Related News
HK listings to top US$29b in 2014, KPMG says
Online Edition
The number of companies that debuted in Hong Kong Stock Exchange this year is likely to hit a decade high of 109 driven by positive market sentiment and active listing activities, KPMG said in an analysis report.
The firm said it expects IPO proceeds from the total 109 initial public offerings this year to reach HK$225 billion (US$29 billion), 33 percent higher than in 2013 when 97 IPOs were completed.
The result is likely to allow Hong Kong to secure the second place in global IPO rankings in terms of funds raised in 2014, following the New York Stock Exchange.
Rebecca Chan, Partner and Head of Hong Kong Capital Markets Group, KPMG China, says: “With several sizeable IPO deals set to complete by the end of 2014, proceeds in December alone may reach HKD84 billion, slightly higher than the HKD82 billion registered in the first half of 2014. We expect market sentiment will remain positive and IPO activities to stay buoyant, underpinned by a strong pipeline.”
KPMG forecasted that 110 companies will list on the Hong Kong Stock Exchange in 2015 with proceedings exceeding HK$200 billion. Listing candidates from the financial services sector will be a key focus, including Chinese banks and insurers, it said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
