Hong Kong ended 2017 placing third in the global IPO race. "We expect to see a renaissance in Hong Kong and China trading volumes and primary activity," says Tucker Highfield, managing director and head of Asia Pacific equity capital markets syndicate at Credit Suisse. Meanwhile, global liquidity is looking for exposure to Chinese assets and, outside of New York, Hong Kong is the prime location. New economy listingsAccording to Deloitte figures, Hong Kong completed 161 new listings in 2017 raising $16.3 billion. Hong Kong will be going head-to-head with New York to lure them in.

Source: Forbes January 15, 2018 03:07 UTC