STOCKS | Goldman Sachs Sees Hong Kong IPO Fundraising Challenging $60 Billion This Year

Goldman Sachs expects Hong Kong’s IPO market to remain strong in the second half, with full-year fundraising potentially challenging a record $60 billion (about HK$468 billion), according to Ming Pao. Wang Yajun, Goldman Sachs’ head of equity capital markets for Asia ex-Japan, said the most active themes and stocks in Hong Kong, including those with the best performance and the most fundraising, are related to artificial intelligence (AI).