Financials, Automotive, Technology Jun 28, 2022 05:04 PM (GMT+8) · EqualOcean
Liudachang, partner of KPMG China capital market consulting group, said that it is expected that there will still be 8-10 returns of China concept shares in Hong Kong stock market this year, but it is believed that China concept shares will no longer make a great contribution to the overall fund-raising amount. Because China concept shares with large market value have returned to raise funds before this year, coupled with the fluctuation of the stock market, more companies will give priority to the return to obtain listing status rather than focusing on raising funds. In addition, KPMG lowered its annual performance forecast for the Hong Kong stock market. The accounting firm estimates that about 80 new shares will be listed in Hong Kong's new share market this year, raising up to HK $200billion. Earlier, it was predicted that the annual new share capital could reach HK $356billion, and the total number of listings was expected to be 110.