On December 22, the Hong Kong Stock Exchange released the 2025 Review. In 2025, Hong Kong New Stock Market financing was ranked first in the world, with financing significantly increased compared to last year, and average daily trading volume even reached a record high. The spot market reached an average daily trading volume of HK $ 230.7 billion over the first 11 months of 2025, up 43% from the same period last year. As of December 19, a total of 106 companies were listed on the Hong Kong Stock Exchange, with total financing of HK $ 274.6 billion, with four of these companies further ranked among the top ten new stocks in the world for 2025.
The companies listed on the Hong Kong Stock Exchange raised $66 billion through refinancing.
The Hong Kong Stock Exchange said that the Hong Kong market, driven by the innovation Sina in the Mainland, has successfully attracted the active participation of many international investors. New shares and refinancing issues have been highly sought after by capital from Asia, Europe, the Middle East and North America.