Hong Kong’s IPO market is setting new fundraising records in 2026. With 116 listings raising more than HK$388.0 billion in the first three quarters, funds raised have more than doubled year-on-year and already surpassed every previous nine-month total in the market’s history. The surge has been powered by A+H listings and Specialist Technology Companies, which have emerged as the market’s primary growth engines. With more than 600 active IPO applicants in the pipeline, Hong Kong is well positioned to deliver its strongest annual fundraising performance on record, with proceeds potentially reaching HK$500 billion by the end of the year, according to KPMG China’s Chinese Mainland and Hong Kong IPO Markets 2026 Q3 Review.
A+H applicants, technology companies and other new economy issuers continue to represent a significant proportion of prospective listings, positioning these segments to remain important drivers of the market through the fourth quarter and into 2027.
