Hong Kong stocks IPO reserves are sufficient, with 410 listed applications in the status of "under processing".

The Hong Kong IPO market continues to show strong momentum. Data shows that as of May 25th, the total funds raised through Hong Kong IPOs reached 163.234 billion Hong Kong dollars, a year-on-year increase of 109.74%; there were 57 IPOs, a year-on-year increase of 128.00%. According to statistics from the Hong Kong Stock Exchange's secondary industries, industrial engineering, software services, and semiconductor companies led the way in terms of IPO numbers, with 12, 10, and 9 companies respectively. At the same time, the pace of "A+H" dual-listed shares has accelerated, highlighting the urgent need for hard tech companies to access international financing channels.