[Global Network Finance Report] On August 6, data from the Hong Kong Stock Exchange showed that there were 104 newly-listed companies in the first seven months of 2026, representing a year-on-year increase of 96%. Funds raised via initial public offerings (IPOs) stood at HK$328.2 billion, surging 154% year on year.
In terms of trading, the average daily turnover of Hong Kong stocks in July 2026 stood at HK$307.2 billion, up 17% year on year. For the first seven months of the year, the average daily turnover reached HK$286.8 billion, rising 18% year on year.
Edelweiss Securities previously released a research report, pointing out that institutional dividends have been unleashed intensively, and technology firms have continued to complete their Hong Kong IPOs. The listing of A-share companies in Hong Kong remains buoyant, with high-quality projects queuing up for Hong Kong offerings. On the demand side, southbound funds keep flowing in, backed by strong cornerstone investor support.
Amid the booming IPO market in Hong Kong, sponsors have become highly polarized with obvious concentration among top-tier players. The number of Hong Kong Type 6 licensed corporations has seen a steady moderate decline. As of June 10, 2026, there were a total of 65 sponsorship projects in the Hong Kong stock market, involving 40 institutions. They accounted for merely 14.08% of all licensed corporations for Type 6 regulated activities.