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Christopher Hui: HK Mkt Turns Around in 2H24, Ranking 4th Globally in IPO Fundraising
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Christopher Hui, Hong Kong's Secretary for Financial Services and the Treasury, said that with the atmosphere in Hong Kong's asset market significantly improving in 2H24, the city ranked fourth globally in IPO fundraising, raising a total of $80 billion for newly listed companies. In addition, the total asset size of the asset and wealth management industry reached US$4 trillion. Hui also mentioned that there are currently about 2,700 single-family offices operating in Hong Kong, with over half having assets of over US$50 million. AAStocks Financial News |
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