安永（EY）：2026中国内地和香港 IPO 市场报告（英文版）（38页）.pdf

1、Chinese mainland and Hong Kong IPO reportJune 2026A-share:Tightening oversight prioritizes quality;tech manufacturing paves the way for a new era of listingsHong Kong:Regulatory optimization boost financing growth;expanding global horizons for Chinas tech innovators第2页中国内地和香港IPO市场报告Review of global

2、IPO market in 1H 2026Page 2Page 3Chinese mainland and Hong Kong IPO reportGlobal:Robust recovery in IPOs with surge in fundraisingGlobal IPO activity showed growth momentum,Chinese mainland and Hong Kongmarkets increased their market share of global IPOs.In 1H 2026,IPO in A-share and the Hong Kong m

3、arket represented 33%of global IPO deal volume and accounted for 22%of total global IPO fund raised.Source:Dealogic,Wind,EY statistics*Data after 19 June 2026 is based on public information and EY estimates(including REITs)Global 1H 2026*YOY change504no.of IPOsUS$192.1bnproceedsA-share and Hong Kong

4、 1H 2026*YOY change165no.of IPOsUS$42.3bnproceeds99%60%Chinese mainland and Hong Kong IPO market share vs.global total(1H 20222026):volume%and composition%208%26%27%8%11%16%3%5%5%8%17%1H 20221H 20231H 20241H 20251H 2026Hong Kong vs Global(%in terms of number of IPOs)Chinese mainland vs Global(%in te

5、rms of number of IPOs)51%49%9%12%8%2%4%3%22%14%1H 20221H 20231H 20241H 20251H 2026Hong Kong vs Global(%in terms of IPO fundraised)Chinese mainland vs Global(%in terms of IPO fundraised)8%Page 4Chinese mainland and Hong Kong IPO report1H 2026Nasdaq:Dominates with mega-IPOs such as SpaceX and AI theme

6、s;capital raised surges ahead of peers.HKEX:Robust rebound in activity,as the worlds second-largest IPO hub.Source:Dealogic,Wind,EY statistics*Data after 19 June 2026 is based on public information and EY estimates(including REITs)RankingExchangeProceeds(US$1bn)*Number of IPOs*1Nasdaq113.1452HKEX26.