2019 HKEx Market Statistics
Hong Kong retained its position as the world’s biggest IPO market in 2019, with a total of HK$ 312.9 billion raised by the end of 2019, a 9% increase from funds raised through IPOs in 2018 (HK$ 288.0 billion). As at the end of 2019, 2,449 companies were listed on HKEx with a total market capitalisation of HK$ 38,165.0 billion.
The number of newly listed companies for 2019 totalled 183, down from 218 in 2018, with 11 companies listing under the three new chapters to the Main Board Listing Rules (Chapter 8A, 18A and 19C), introduced on 30 April 2018, 9 of which were Biotech listings.
Hong Kong’s market position was bolstered by two of the biggest listings of the year, Alibaba’s secondary listing, raising HK$ 101.20 billion (the second largest of 2019) and Budweiser’s HK$ 45.08 billion IPO (the fourth largest of 2019).
Nasdaq and the Saudi Stock Exchange (Tadawul) followed Hong Kong as the second and third largest IPO markets respectively in 2019, with nearly 80 percent of IPOs in the US choosing Nasdaq as their listing partner in 2019, and Tadawul welcoming Saudi Aramco’s IPO, the biggest listing of the year.