UBS: It is expected that the scale of Hong Kong IPOs will exceed 300 billion yuan next year, ranking first in the world

Vice Chairman of UBS Global Investment Banking, Li Zhengguo, stated that the HKEX Chapter 18C opens new listing channels for technology companies, and it is expected that 150 to 200 companies will list in Hong Kong next year, with a total IPO scale expected to reach 300 billion yuan, ranking first in the world. He believes that consumer goods, high technology, and artificial intelligence will still be the themes for next year.

Continued interest rate cuts will remain a focus for the market, and the stabilization of consumption in the mainland will also benefit market development. In addition, the overall stock valuations in Greater China are at a certain discount compared to U.S. stocks, making them attractive.