香港在2025年引领全球IPO,筹集了354亿美元,受技术和生物技术需求和监管改革的推动. Hong Kong led global IPOs in 2025, raising $35.4 billion, fueled by tech and biotech demand and regulatory reforms.

香港在2025年成为世界顶尖的IPO市场,在106份上市单中筹集了354亿美元,超过了纽约和印度。 Hong Kong became the world’s top IPO market in 2025, raising $35.4 billion across 106 listings, surpassing New York and India. 投资者的强劲需求,特别是技术和生物技术方面的强劲需求,在HKEX改革(如第18A章和第18C章)的支持下,推动了投资激增,使88家无利可图的创新企业得以列入名单。 Strong investor demand, especially in tech and biotech, drove the surge, supported by HKEX reforms like Chapter 18A and 18C, which enabled 88 unprofitable innovation firms to list. 关键名单包括CATL和AI公司,如Zhipu AI。 Key listings included CATL and AI firms like Zhipu AI. 杭生科技指数上升了47%,每日交易额达230.7亿港元,同比增长43%。 The Hang Seng Tech Index rose 47%, and daily trading volume hit HK$230.7 billion, up 43% year-on-year. HKEX在全球范围扩展,欢迎来自阿联酋、泰国和哈萨克斯坦的名单,并在利雅得和迪拜开设了办事处。 HKEX expanded globally, welcoming listings from the UAE, Thailand, and Kazakhstan, and opened offices in Riyadh and Dubai.