Ernst & Young’s IPO report forecasts annual funding of new shares in Hong Kong at US$28 billion Markets By Sydney Barrett Last updated Jul 3, 2022 Share According to a report by Ernst Young (EY), the Hong Kong Stock Exchange’s chances of making the top three in global fundraising this year are relatively slim, but a top five finish may still be a possibility. The report listed just 20 Hong Kong companies in the first half of 2022, marking the annual decline of 56 percent. Funding amounted to HK$17.7 billion (US$2.25 billion), down 92 percent year-on-year. The number of listings...