A total of 37 companies listed on HKEX’s market in the first quarter, raising US$2.6 billion and reinforcing Hong Kong as the premier capital formation centre in Asia. The Q1 result was due in part to the new Listing Rules implemented in April 2018, which opened the door to new economy and pre-revenue biotech companies for the first time. Companies from new and innovative sectors represented 44 per cent of the total funds raised in the first quarter.
Check out some other highlights in Q1 here:
