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BOC HONG KONG (02388.HK) Sees Surge in Customer IPO Subscriptions
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Banco Yiu, Assistant General Manager of the Personal Digital Banking Product Department at BOC HONG KONG (02388.HK), stated that benefiting from the restart of the interest rate cut cycle and the stimulation of various new economic measures, the Hong Kong stock market has become increasingly active since 2H24, with the total fundraising amount in 1-3Q24 returning to the fourth position globally. The market expects that Hong Kong will continue to attract companies to raise funds in 4Q, further boosting the IPO market. The number of IPO subscriptions by BOC HONG KONG's customers has also risen. Since June, the average monthly number of IPO subscriptions has grown by 30% when compared to that in 1H24. AAStocks Financial News |
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