While Hong Kong’s future may be plagued by mainland China’s move to erode its autonomy and the resumption of pro-democracy protests, signs point to it remaining an IPO hot spot for Chinese firms and for those eyeing a second listing away from the US.
Although Chinese companies have increasingly chosen Hong Kong over New York — or in addition to the Big Apple in the case of secondary listings — the trend may get a boost for a number of reasons. And, at least in the short term, these attractions seem to outweigh any wariness caused by the financial hub’s political turmoil.