Hong Kong Stock Exchange Rises

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Hong Kong stock exchange

CNBC

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Hong Kong records first rise in new listings since 2020, as Beijing's policy pivot refuels optimism

Summary

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86% Informative

Hong Kong recorded a notable pickup in listing activities this year , as more Chinese companies turned to the city to raise capital.

The city's bourse raised a combined $10.65 billion across 63 deals, marking a significant increase of more than 80% compared to the $5.89 billion raised across 67 in 2023 .

Beijing 's ramped-up stimulus package has fueled companies' interest in raising capital in the offshore city and lured back some foreign capital funds.

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Informative language

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formal

Language

English

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not offensive

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not hateful