PWC bullish on the Hong Kong IPO market

The firm increases its end-of-year fund raising forecast, but also expects Hong Kong-listed Chinese companies to continue to look to their home market for fresh funds.

PricewaterhouseCoopers PWC says the healthy momentum in Hong KongÆs initial public offering market will persist as the Hang Seng Index continues to hit historical highs.

Richard PY Sun, a partner at the firm, believes that Hong Kong and China combined will be among the three most active markets in the world in terms of IPO funds raised by the end of this year together with New York and London. As for Hong Kong alone, it should easily make it...

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