City can regain ground by attracting new economy companies and issuers from across Asean, Middle East and Europe, FSDC says
2-MIN READ2-MIN ListenEnoch YiuPublished: 4:00pm, 15 Jul 2026Hong Kong needs to diversify the source of its listed companies and investors if it is to reclaim its recently lost crown as the world’s top initial public offering (IPO) venue, according to a government think tank.“Hong Kong should continue to find ways to diversify both its listing issuers as well as potential future investors,” said Benjamin Hung Pi-cheng, chairman of the Financial Services Development Council (FSDC), at a media briefing on Wednesday. “That form of diversification enhances the quality rather than [simply] focusing on quantity.”
Hung said the city could still attract a lot of new economy companies to list, and could regain ground by drawing issuers from across Asean, the Middle East and Europe.
