According to Wind data, since October, at the time of press release, 9 companies have passed the Hong Kong Stock Exchange listing hearing. The public listing application being processed by the Hong Kong Stock Exchange involves 354 companies. A total of 15 companies have passed the hearing and are awaiting listing, and 369 stock projects are being implemented. Since Liu Dao Industrial and Jiuzhang Yunji first submitted their forms on September 29, up to now, the main board of the Hong Kong Stock Exchange and GEM have not seen any regular companies to be listed for the first time for many consecutive days, breaking the high-frequency reporting rhythm of the Hong Kong stock primary market since this year. A number of interviewees said that Hong Kong stock IPOs pay more attention to the digestion and implementation of stock projects. This is not a cooling down in the market, but rather a technical pace adjustment. Up to now, enterprises and intermediaries are no longer blindly catching up with the filing speed; instead, they are refining the quality of distribution. Market capital is concentrated on high-quality leaders, and starting new businesses need to pay more attention to corporate fundamentals and distribution pricing.

According to Wind data, since October, at the time of press release, 9 companies have passed the Hong Kong Stock Exchange listing hearing. The public listing application being processed by the Hong Kong Stock Exchange involves 354 companies. A total of 15 companies have passed the hearing and are awaiting listing, and 369 stock projects are being implemented. Since Liu Dao Industrial and Jiuzhang Yunji first submitted their forms on September 29, up to now, the main board of the Hong Kong Stock Exchange and GEM have not seen any regular companies to be listed for the first time for many consecutive days, breaking the high-frequency reporting rhythm of the Hong Kong stock primary market since this year. A number of interviewees said that Hong Kong stock IPOs pay more attention to the digestion and implementation of stock projects. This is not a cooling down in the market, but rather a technical pace adjustment. Up to now, enterprises and intermediaries are no longer blindly catching up with the filing speed; instead, they are refining the quality of distribution. Market capital is concentrated on high-quality leaders, and starting new businesses need to pay more attention to corporate fundamentals and distribution pricing.