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Quick Take: Could Hong Kong Grab Back Global IPO Crown in 2018?

By Wei Yiyang and Jiang Xinyi
The total of Hong Kong IPOs in 2017 dropped to HK$128.2 billion ($16.41 billion), a 34% drop from 2016. Photo: Getty Image
The total of Hong Kong IPOs in 2017 dropped to HK$128.2 billion ($16.41 billion), a 34% drop from 2016. Photo: Getty Image

Could Hong Kong get its IPO mojo back in 2018?

Accounting firm PwC thinks so, by getting a boost from two to four mega initial public offerings on the Hong Kong stock exchange.

According to PwC’s estimation, at least three of those multi-million dollar listings will take place in 2018. The total 2018 Hong Kong IPO financing is expected to reach above HK$200 billion ($25.6 billion).

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