Hong Kong IPOs Expected to Rebound to $12.8 Billion in 2024

What’s new: New listings in Hong Kong are expected to raise up to HK$100 billion ($12.8 billion) in 2024, allowing the Hong Kong Stock Exchange to reclaim its position among the top five IPO bourses in the world.

Three of the big four global accounting and consulting firms — Deloitte, PwC and KPMG —expect Hong Kong’s initial public offerings to rebound to HK$100 billion, while Ernst & Young put its estimate at HK$50 billion.