-
Advertisement
HKEX
BusinessBanking & Finance

New energy, AI, EV and biotech to drive Hong Kong IPO growth: HKEX

11 companies raised US$4 billion in Hong Kong in the first three weeks of 2026, with hundreds more lining up to list, Bonnie Chan says

Reading Time:2 minutes
Why you can trust SCMP
HKEX will continue to help innovators access capital more efficiently, says Bonnie Chan. Photo: Edmond So
Enoch Yiu
New energy, artificial intelligence, electric vehicle (EV) and biotechnology companies will remain the driving force behind Hong Kong’s initial public offering (IPO) market in the coming years, according to the head of bourse operator Hong Kong Exchanges and Clearing (HKEX).

“In the past year, dozens of new companies in green energy, automation and other sectors have listed in Hong Kong, enabling them to scale their research and global impact,” wrote Bonnie Chan Yiting, CEO of HKEX, in an article posted ahead of the World Economic Forum Annual Meeting in Davos, Switzerland, on Monday.

“Looking into our pipeline, my optimism is reinforced by the steady flow of transformative ideas,” she said. “The next chapter of progress is being written by these visionary companies, their bold ideas and the markets that enable them.”

Advertisement

Chan said HKEX’s role was to “help turn the pages of that story faster, so that cleaner energy, transformative healthcare and better living standards move from promise to practice”.

Eleven companies listed on the Hong Kong stock exchange in the first three weeks this year, raising nearly US$4 billion, according to the HKEX. Fifty new listing applications were filed during the period, and more than 300 companies were awaiting listing approval.
Contemporary Amperex Technology’s US$5.3 billion IPO was the largest in Hong Kong in 2025. Photo: Sun Yeung
Contemporary Amperex Technology’s US$5.3 billion IPO was the largest in Hong Kong in 2025. Photo: Sun Yeung

That followed a total of 114 companies which raised US$37.22 billion on the main board in 2025, up 230 per cent from a year earlier. The surge pushed Hong Kong back to the top of the global ranking as the largest IPO market since 2019.

Advertisement
Select Voice
Select Speed
1.00x