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HK IPO fundraising reaches $41b, as another record expected in 2026_我的网站

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A |     PHILADELPHIA -- A suspect has been arrested in an airport parking garage shooting that killed a Philadelphia police officer and injured another last week, authorities said. Police have scheduled a Monday afternoon news conference to release more information.Authorities said the two officers had just arrived at work at about 11 p.m. Thursday when they heard breaking glass and saw several people breaking into a car in the parking lot at Philadelphia International Airport. A confrontation ensued, and the two officers and one of the suspects were shot.Fifty-year-old Officer Richard Mendez, who had been on the force for more than two decades, was shot four times and was pronounced dead at a hospital. Officer Raul Ortiz, a 20-year veteran of the force, was shot once in his arm and was released from the hospital Saturday.Authorities said the suspects fled in an SUV reported stolen a week ago that was later seen at a hospital dropping off 18-year-old Jesus Herman Madera Duran, who authorities said was believed to be involved in the confrontation with the officers. Duran had been shot in the chest, abdomen and left arm and was pronounced dead around 11:30 p.m. Thursday.It was unclear if any other suspects were wounded in the shooting or how many of them fired weapons, authorities said. Interim Police Commissioner John Stanford noted that the shooting came only a week after three officers were shot and wounded while responding to a call and called the new shooting “a numb, numb moment for us.”The slain officer’s gun had not been located at the time and it wasn’t immediately known whether anyone fired it, Stanford said. Police released video showing “at least one suspect,” as well as the vehicle used to drop off Madera Duran at Children’s Hospital of Philadelphia.A reward totaling at least $184,500 was offered for information leading to an arrest after the $30,000 posted by two local police unions was supplemented by money from other police groups, businesses, and Pennsylvania and New Jersey residents. That’s in addition to $20,000 offered by the city for information that leads to an arrest and conviction.。    

A view of Victoria Harbor, Hong Kong Photo: VCG
    A view of Victoria Harbor, Hong Kong Photo: VCGAs of the beginning of August this year, IPO proceeds in Hong Kong have reached $41 billion, surpassing the full-year total of 2025, and another record is expected this year, an executive of the Hong Kong Exchanges and Clearing (HKEX) has said.
Bonnie Chan, CEO of the HKEX, made the remarks during an event held in Kuala Lumpur, Malaysia, the Hong Kong Economic Journal reported on Tuesday. She noted that in 2025, the city recorded 120 IPOs, raising $39.5 billion and ranking first among global fundraising platforms.
Global capital is refocusing on Asia, particularly China. In the past, capital was highly concentrated in the US market and in just one or two sectors. However, with changes in the political and macroeconomic landscapes, investors have come to recognize the need for risk diversification, and this trend is beneficial to both Malaysia and Hong Kong, said Chan.
Chan called on Malaysian companies to consider listing in Hong Kong to gain access to Chinese mainland investors. Malaysia supported 60 IPOs in 2025, the highest number in 20 years. If companies want to reach a broader investor base and deeper capital pools, Hong Kong is an ideal choice, she added.
Hu Qimu, a professor at the Maritime Silk Road Institute of Huaqiao University, told the Global Times on Wednesday that as a major international financial center, the HKEX's value in global resource allocation has become even more prominent, helping to attract capital from around the world.
During the event, Chan noted that market participants previously believed companies needed China-related business to list in Hong Kong, but this perception has changed in recent years. 
She noted that last year, a Dubai-based baby diaper company with operations concentrated in Africa and Latin America listed in Hong Kong. A few months ago, Indonesian gold mining company Modecta completed its IPO in the city. Neither company generates any revenue in the Chinese mainland. 
Hu noted that the HKEX boasts a broad international investor base, with information disclosure and corporate governance standards that are internationally recognized. 
Moreover, it has become an important platform and intermediary connecting international capital with industries in the Chinese mainland. For foreign companies, listing in Hong Kong is equivalent to opening the door to mainland investors and the pool of yuan capital, Hu added.
Several international financial institutions have also expressed confidence in the Hong Kong capital market. PwC expects Hong Kong's full-year IPO fundraising to reach HK$380 billion ($48.43 billion), with growth momentum expected to continue into 2027, driven by listings of leading Chinese mainland companies and strong interest from international investors in high-growth new economy sectors.
Goldman Sachs said on July 23 that the post-listing performance of new shares in Hong Kong has been quite outstanding. New shares listed between 2025 and 2026 are expected to achieve a median return of about 20 percent and an average return of 60 percent within three months after listing, far exceeding previous years. Goldman Sachs said that market liquidity is ample, and it has predicted that the full-year fundraising in 2026 will reach $60 billion.
Hu noted that backed by the steady and positive trajectory of China's economy and the continuous upgrading of its industrial chains, investment and IPOs in Hong Kong will become more active.

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Published on:10:34:15


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