On January 7th, the latest data shows that there are 8 new stocks waiting to be listed in the Hong Kong stock market – starting from January 8th, they will gradually land on the Hong Kong stock market within 7 days. More companies are accelerating their pace towards the Hong Kong stock market. In the past week, 14 companies including Meixue Bingcheng and Laoxiangji have submitted applications for listing on the Hong Kong stock market. In 2024, the Hong Kong stock market added an average of 5.83 new IPOs per month. On a monthly basis, July and December are peak periods for new stock listings, with 10 new IPOs added each month. By comparison, the number of new IPOs per week is almost equivalent to one month in 2024. Along with the influx of new stocks, there is also the enthusiasm of Hong Kong stock investors to invest in new stocks. According to data from Jieli Trading Treasure, the three newly listed companies, Huige Environmental Protection, Hailuo Material Technology, and Brainpower Aurora, which have completed their IPO, have financing subscription multiples of 47.33 times, 21.46 times, and 9.53 times, respectively.
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