Revival of Hong Kong's IPO Market

This chapter explores the resurgence of Hong Kong's IPO market after a lengthy stagnation, highlighting a remarkable increase in listings and proceeds with nearly $17 billion raised this year. It discusses key transactions, such as CATL's $5.2 billion listing, and the role of governmental support and investor confidence in this turnaround. Additionally, the chapter examines the implications of this revival for Wall Street banks and reflects on the contrasting regulatory environments between Hong Kong and mainland China.