Stock Market: Hong Kong Negative, Opens at -0.27%

Hong Kong Stock Exchange returns to trading in negative territory: Hang Seng Index falls in first bars 0.27%, at 23,850.61 points. The former British colony, meanwhile, is strengthening its position global level in initial public offering applications (IPO), increased to around 200 units in 2025, in the wake to investors' optimism regarding the stock market Hong Kong in the second half of this year. The Secretary to City Finance Paul Chan wrote on social media on Sunday that among the IPO applicants there were also companies from the Middle East and Southeast Asia. While in the first six months 42 IPOs were registered in the year, which raised over 107 billion Hong Kong dollars (approximately 13.60 billion US dollars), placing Hong Kong first in the world in terms of initial offering proceeds. In addition, the index of benchmark Hang Seng gained 20%, more than 4,000 points, in the first half of 2025.
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