安永:主板門檻提高 明年香港新股集資額料跌一成至3,500億元
安永亞太區上市服務主管蔡偉榮稱,受疫情影響滯後及主板上市門檻調整等因素左右,保守估計明年香港新股市場全年集資額將按年下跌約10%,至約3,500億元。他表示,主板上市盈利要求調整的諮詢至明年2月結束,預料會有不少公司趕搭「尾班車」,相信上半年市場仍然活躍,香港仍有望重奪全球新股集資寶座,惟預測並未計及潛在的沙特阿美上市計劃。
他指出,中概股持續回流已成中長期趨勢,加上新經濟公司分拆成熟業務表現向好,如京東(09618.HK)分拆京東健康(06618.HK)等,料將繼續推動香港新股市場發展,看好電動汽車相關產業,例如AI、零部件製造商等。
安永數據顯示,今年香港上市144隻新股合共集資約3,905億元,僅次於納斯達克所的553億美元,集資額排名第2,宗數則排名全球第4位。由於期內GEM上市宗數減少,全年上市新股宗數按年跌11%,集資額按年增長24%,主要受下半年中概股所推動,9隻中概股共集資1,313億元,佔全年集資額34%。
期內GEM市場表現淡靜,蔡偉榮預期,即使主板上市要求提高,企業也未必會退而求其次,改到GEM上市,主要由於該市場流動性較低及轉板較困難,或會考慮改到其他交易所掛牌。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.