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Hong Kong IPOs ride China’s tech wave, but Nasdaq leads way with SpaceX tsunami

Hong Kong IPOs ride China’s tech wave, but Nasdaq leads way with SpaceX tsunami
South China Morning Post Tuesday 30 June 2026, 02:00 UTC By Julie Zhang 1 min read
Key Points

Hong Kong has surrendered its IPO fundraising crown to Nasdaq following SpaceX’s blockbuster listing earlier this month, but it did so while seeing its IPO proceeds register a year-on-year rise of about 84 per cent in the first half of 2026 – consolidating the region’s position as a primary offshore financial hub for Chinese issuers. A total of 83 companies raised US$26.42 billion on the Hong Kong stock exchange’s main board from January to June, according to LSEG Data & Analytics.

Hong Kong has surrendered its IPO fundraising crown to Nasdaq following SpaceX’s blockbuster listing earlier this month, but it did so while seeing its IPO proceeds register a year-on-year rise of about 84 per cent in the first half of 2026 – consolidating the region’s position as a primary offshore financial hub for Chinese issuers. A total of 83 companies raised US$26.42 billion on the Hong Kong stock exchange’s main board from January to June, according to LSEG Data & Analytics. The figure,...
Hong Kong (LOCATION) China (LOCATION) Nasdaq (ORG) SpaceX (ORG) IPO (ORG) Chinese (ORG) LSEG Data & Analytics (ORG)
Originally published by South China Morning Post Read original →

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