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Six companies seek up to $2.5 billion in HK offerings

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SIX companies launched Hong Kong offerings on Wednesday, seeking to raise as much as a combined HK$19.8 billion ($2.5 billion), with Shenzhen-listed precision parts maker Lingyi iTech accounting for the largest deal, exchange filings showed.The launches come as global markets stabilize following a ceasefire agreement in the Middle East. Hong Kong initial public offerings (IPOs) and second listings have raised $21.5 billion so far this year, more than double the same period in 2025, according to LSEG data to June 11.Hong Kong’s IPO market has grown significantly this year despite geopolitical challenges, helped by demand for artificial intelligence (AI) and…

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