Hong Kong stocks hit five-year high
Stock sales in Hong Kong experienced a record high during the first half of 2026, with the stock market raising approximately $44 billion from initial public offerings and major deals, marking a 29% increase compared to the same period last year. This activity is primarily driven by the ambitions of AI companies and their expansions, despite the Hang Seng Index declining by 12% and regulatory measures in two entities. The market still reflects positive sentiment, with expectations of more deals in the second half of the year.
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