Hong Kong is likely to see more mainland financial companies listing next year as they move to tap the city’s capital markets, global accounting firm Deloitte Touche Tohmatsu said yesterday.
The firm expects 10 significant mainland listing hopefuls, including banks and brokerage houses, to raise a combined HK$ 70 billion. All told, 70 to 80 companies are expected to raise HK$ 100 billion to HK$ 150 billion through initial public offerings. By comparison, HK$ 89.4 billion has been raised so far this year.