Dec 21, 2010 05:56 PM

IPO Listings on HKEx Continues to Rise

(Beijing) -- As of the end of November, total market capitalization of all listed companies on HKEx reached US$ 2.7 trillion, up 17 percent from one year earlier, according to a statement posted the website of HKEx.

The rise was attributed to an expansion in initial public offerings. As of December 15, the total value for the IPOs in Hong Kong hit HK$ 412.2 billion, the highest since 2006 and the highest among the world's exchanges. The HKEx is the fifth largest stock exchange in terms of market capitalization.

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