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Benzinga
Benzinga
World
The Bamboo Works

Falling IPO Star: Hong Kong Tipped to Lose Top-Three Ranking Again

Hong Kong IPO Hong Kong Stock Exchange Shanghai Stock Exchange Shenzhen Stock Exchange Kenny Wen United States Shanghai Shenzhen South Korea

Key Takeaways:

  • As of the third quarter of this year, the world’s top three IPO capital raisers were the Shanghai Stock Exchange, the Shenzhen Stock Exchange and the Korea Exchange, with Hong Kong lagging in fourth place
  • Some analysts believe that a wave of first-day price drops by star IPOs has curbed investors’ appetite for new shares
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