HKEX Co-COO on IPO Pipeline

The video discusses the current state of the IPO pipeline in Hong Kong, highlighting the impact of global market conditions. It introduces new listing rules under Chapter 18C for specialist technology companies, focusing on AI and semiconductors. The video also explores the interest from tech companies in fundraising and the potential for new listings. It covers HKEX's international expansion efforts, including the opening of a New York office and the Stock Connect program. Finally, it examines opportunities for collaboration with Middle Eastern markets and the potential for increased investment from sovereign wealth funds.

What is the main reason for the lower fundraising values in Hong Kong's IPO market despite an increase in the number of IPOs?

• The global economic downturn.

• Business owners do not want to sell their stock cheap.

• There is a lack of investor interest.

• The market conditions are unfavorable.

What is Chapter 18C in the context of Hong Kong's IPO market?

• A new tax regulation for companies.

• A merger and acquisition guideline.

• A listing rule for specialist technology companies.

• A financial aid program for startups.

Why have there been no listings under the new Chapter 18C rules yet?

• The rules are too complex for companies to understand.

• The government has not approved any listings.

• The new rules only took effect at the end of March.

• There is no interest from companies.

What is the significance of the meetings with tech companies and investors regarding the new chapter?

• To explore potential listings under the new chapter.

• To discourage them from listing in Hong Kong.

• To offer them financial incentives.

• To inform them about tax benefits.

What is the purpose of opening a new office in New York for HKEX?

• To focus solely on marketing efforts.

• To relocate their headquarters.

• To compete with the New York Stock Exchange.

• To attract dual listings and serve clients in the same time zone.

What is the potential benefit of the Connect program for international companies?

• Access to a vast pool of investors in mainland China.

• Exemption from all listing fees.

• Guaranteed high returns on investments.

• Exclusive marketing rights in Hong Kong.

What is the potential impact of Hong Kong's collaboration with the Middle East?

• An increase in investment from Middle Eastern sovereign funds.

• A shift in focus away from technology companies.

• A decrease in Hong Kong's stock market value.

• A reduction in international trade.