The Hong Kong Stock Exchange (HKEX) is back challenging for the top of the global listing league tables with secondary listings helping drive the recent surge of activity. In the past, secondary listings on the HKEX have featured some of the world’s most prominent names. For example, after Alibaba Group’s blockbuster IPO in New York in 2014, it returned to Hong Kong for a secondary listing in 2019, raising approximately US$12.9 billion. Other US listed companies such as JD.com and NetEase following suit…
Source: The Surge in Secondary Listings on the Hong Kong Stock Exchange