'Very healthy' pipeline of IPOs are flocking to Hong Kong as U.S.-China tensions ramp up

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'Very healthy' pipeline of IPOs are flocking to Hong Kong as U.S.-China tensions ramp up
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There's a 'healthy' pipeline of companies listing in Hong Kong, and one key trend ahead will be more tech firms who will increasingly do so, Hong Kong leaders say.

last week, raising $21.09 billion Hong Kong dollars . Chinese e-commerce firm JD.com also launched a secondary listing and is set to start trading in Hong Kong Thursday."Netease just finished last week, and we have JD.com, we have a very healthy pipeline. In fact, it took me a little bit surprise that all these IPOs despite all the challenges are coming here ... They are returning home ...

At the same time, Hong Kong has been making it more attractive for such companies to list in the Asian financial hub. Last month,that it will for the first time allow companies with primary listings overseas to be included in the benchmark index. "We have very strong financial regulations, at the same time we are seeing many companies would like to come back to Hong Kong to list for our proximity to China, yet at the same time being able to tap into the huge capital pool here in Hong Kong, with the international investors here," he added., according to analysts at Citi Research in a note last week, who reiterated a "buy" call on the stock.

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