Hong Kong IPO Surge & Valora India Expansion Drive Markets
By Business Desk
Discover the latest market trends as Hong Kong hits a 5-year IPO peak in 2026 driven by AI and tech, while Valora expands advisory into India.
Bursa Malaysia dropped after profit-taking hit regional equities amid global macroeconomic uncertainty. The FBM KLCI faced downward pressure while overall market breadth stayed weak with decliners leading gainers.
Hong Kong Market Performance
Hong Kong logged a massive five-year peak for capital markets during the first half of 2026. High-growth sectors like artificial intelligence and semiconductors fueled the fundraising wave.
- Total fundraising reached HK$210 billion, marking a 92% year-on-year increase.
- Listing count hit 87, surging 98% compared to the first half of 2025.
- Global ranking placed Hong Kong at second worldwide for IPO activity.
- Information technology and telecommunications led listings at 48% of the Main Board.
PwC Hong Kong Capital Markets Leader Eddie Wong noted that over 80% of stocks closed higher on their first day during the first half of 2026.
Advisory Expansion
Valora is pushing its IPO consultancy services into India to target the gems and jewellery sector. Markets continue monitoring upcoming corporate earnings and economic releases for further direction.