Hong Kong IPO rebound forecast as two Chinese tea firms apply for HKEX listings -- updated

Mainland Chinese firms Guming Holdings and the Mixue Group could be the first of many to seek IPOs in the SAR this year, as PwC predicts $12.8bn of deals in 2024, and KPMG sees a return to the top five global rankings.

Andrew Tjaardstra

January 04, 2024

Global consultancy PwC is expecting that total funds raised across 12 months of 2024 on the Hong Kong Stock Exchange (HKEX) will rebound and reach over HK$100 billion ($12.8 billion) with over 80 companies expected to list.

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