Hong Kong stock market will rebound with more IPOs ‘in pipeline’ in second half of year: Paul Chan

Hong Kong’s stock market will be more vibrant in the coming months as more substantial initial public offerings (IPOs) are set to be listed in the city, the finance chief has revealed, as he sought to spell out a clearer economic plan for the coming year amid a gloomy outlook.

In an interview with the Post, Financial Secretary Paul Chan Mo-po also said he would visit Australia in September to promote opportunities in the city, and revealed the government’s investment arm was screening more than 100 companies keen to set up shop in Hong Kong.