Hong Kong to Reclaim Top Spot in Global IPOs, PwC Says

Hong Kong is on track to regain its position as the world’s top fundraising venue for initial public offerings in 2025, according to consulting and accounting firm PwC.

An estimated 90 to 100 companies are forecast to raise between HK$200 billion ($25.5 billion) to HK$220 billion in the Chinese territory this year, PricewaterhouseCoopers LLP said at a presentation in the city on Wednesday.

The city’s IPO market is red-hot so far this year, boosted by a string of blockbuster deals as Chinese firms seek capital to expand after a years-long lull. Hong Kong is also benefiting from increased geopolitical tension, ...