In 2025, the Hong Kong stock refinancing market was extremely active. According to Wind News data, Hong Kong stock listed companies increased their allotment volume of about HK$325.320 billion throughout 2025, far exceeding the full year of 2024. Among them, placement became the main method of refinancing. 345 Hong Kong stock companies initiated 463 placements, and the placement scale climbed to HK$289.619 billion, slightly surpassing the IPO fund-raising scale of HK$285.693 billion.

In 2025, the Hong Kong stock refinancing market was extremely active. According to Wind News data, Hong Kong stock listed companies increased their allotment volume of about HK$325.320 billion throughout 2025, far exceeding the full year of 2024. Among them, placement became the main method of refinancing. 345 Hong Kong stock companies initiated 463 placements, and the placement scale climbed to HK$289.619 billion, slightly surpassing the IPO fund-raising scale of HK$285.693 billion.