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AI Frenzy Powers Hong Kong Fundraising Record

AI-related listings and repeat fundraisings helped drive the surge, while average daily turnover on the market rose 6.4%, Paul Chan said.

Summary by Taipei Times
Bankers in Hong Kong skipped the summer break as an artificial intelligence (AI)-fueled rush for capital sent share sales to a record, defying a bruising selloff in the city’s stocks.Initial public offerings (IPOs), placements and block trades raised US$47.5 billion in July to last month, the bigges

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The demand for artificial intelligence-related operations led Hong Kong’s share capital collection to US$47.5 billion between July and September, a quarterly record that Bloomberg said kept negotiators busy during the summer.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Sunday, October 4, 2026.
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