
In 2024, Nasdaq is poised to surpass the New York Stock Exchange (NYSE) in listings for the sixth consecutive year, driven by a surge in initial public offerings (IPOs). The exchange recorded 171 IPOs, raising a total of $22.7 billion, with an 81% win rate for Nasdaq-eligible IPOs in the U.S. market. Meanwhile, Chinese share listings in the U.S. are showing signs of recovery, although their total value is expected to remain below pre-pandemic levels. In Hong Kong, the stock exchange experienced its first rise in new listings since 2020, with deal value increasing by 80% to $10.65 billion across 63 deals, attributed to renewed investor confidence and support from Beijing for offshore markets. However, Hong Kong's securities watchdog is conducting a probe into company listings on Nasdaq, which may impact the market landscape.




Hong Kong’s stock exchange saw a rebound in listings this year after three years of declines. Deal value surged 80% to $10.65 billion across 63 deals, driven by renewed investor confidence and Beijing’s support for offshore markets. The average deal size nearly doubled to $169… https://t.co/r2YnZ3OKCo
Hong Kong’s securities watchdog searched the offices of about a dozen finance firms and individuals last month as part of a probe of company listings on Nasdaq. The Securities and Futures Commission is reviewing Hong Kong brokers, representatives of US underwriters and investors… https://t.co/SnjrALidFd
Hong Kong records first rise in new listings since 2020, as Beijing's policy pivot refuels optimism https://t.co/e6CtwBDLgZ