UBS just made a bold prediction: by 2026, Hong Kong's IPO market could directly top the global charts! There are reports that companies queueing at the Hong Kong Stock Exchange could raise up to HKD 300 billion, which is indeed impressive.

Here's the data—UBS estimates that next year, 150 to 200 companies will cluster in Hong Kong for listings. That roughly means three to four new IPOs ringing the bell each week, a pace hard to imagine before.

**Why the sudden surge?**
Several factors are stacking up:
· The HKEX's new Rule 18C has opened the door, allowing unprofitable tech companies to list, directly benefiting sectors like information technology, advanced manufacturing, new energy, and biomedicine
· Stock valuations in Greater China are 30%-40% lower than in the US, creating a price gap that naturally attracts funds to the cheaper markets
· The Federal Reserve is still in a rate-cutting cycle, keeping market liquidity ample; domestic consumption data is also warming up

The main forces behind the listings are expected to be in consumer sectors, high-tech, and AI. This kind of institutional-level loosening often brings new investment opportunities. Market-savvy investors are already positioning themselves—this isn't just about traditional stocks; even the crypto markets may move in tandem. Tokens like $LUNC, $LUNA, and $LRC have historically resonated with Asian capital market sentiment. As Hong Kong stocks heat up, digital assets might also experience some volatility.

**But actual implementation depends on several variables:**
Will the global economy suddenly turn sour? Can regulatory approval processes keep pace? What’s the quality of the listed companies? All these factors will influence how many companies can actually succeed in listing.

Which types of companies do you think are most likely to become the next big hit in Hong Kong stocks next year? Are they AI giants, hidden champions in the new energy supply chain, or breakout stars in biotech?

If this IPO wave truly happens, it will boost activity across the entire Asian capital market. Share your thoughts in the comments 👇