On May 14th, recently, the profit making effect of Hong Kong stock market’s new listings has significantly increased. According to Wind statistics, all five new stocks listed since April 14th have achieved an increase on their first day of trading, and one stock has doubled on its first day of trading. Prior to this, new stocks that have been listed this year have experienced ups and downs on their first day of trading. Meanwhile, several new stocks have been highly sought after by investors in the primary market since the beginning of this year. For example, the Shanghai Auntie Hong Kong public offering, which recently landed on the Hong Kong stock market, received 3616.83 times the subscription, and the Honey Snow Group broke the Hong Kong stock record with a frozen capital scale of HKD 1.82 trillion. Analysts say that both the subscription situation in the primary market and the performance in the secondary market indicate that investors are gradually increasing their attention to new Hong Kong stocks, and it is expected that the Hong Kong IPO market will accelerate its recovery by 2025. (China Securities Journal)
Scan code to share