How China Is Bringing Hong Kong’s IPO Market Back to Life

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• 02:01

  Bloomberg Audio Studios Podcasts, radio, news.

• 02:11

  Hello.

• 02:12

  Hi there Will.

• 02:13

  It's Juann.

• 02:13

  How are you?

• 02:15

  Pretty good, pretty good.

• 02:16

  It's great to to chat.

• 02:17

  Will Si is a partner at Cooley, one of the biggest law firms helping private companies looking to go public.

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  He's been advising firms on their public listings in Hong Kong for almost 20 years.

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  In the past, I work on JD.com, Grab, those Asia companies.

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  Si was involved in some of Hong Kong's biggest IPOs during the financial hub's wild Hay days.

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  But until recently, the city's IPO market was in the doldrums.

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  You had Covid lockdowns, geopolitical tensions, and China's economic slowdown.

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  All of that stalled company listings on the Hong Kong Stock Exchange.

• 02:54

  Three years ago, Hong Kong was quiet.

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  Nobody buying anything.

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  You could go home at 6:00 p.m. and travel maybe once, twice a month.

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  But since last fall, things started to shift.

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  Hong Kong's IPO market has raised nearly $17 billion this year.

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  About seven times more than the same period last year.

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