HKEX to woo SE Asia’s IPO hopefuls once COVID-19 recedes, says top executive

Hong Kong. Source: Robert Bye/Unsplash

The Hong Kong stock exchange is looking to resume marketing campaigns in Southeast Asia once the pandemic recedes as part of its effort to attract more foreign companies.

Currently, the bulk of the bourse’s total market cap is contributed by mainland Chinese companies, including tech giants Tencent, Alibaba, and Meituan. As of end-July, mainland issuers accounted for 79.2% of the $46.6 trillion market cap of all Hong Kong-listed firms.

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