HKEX stock ends 2025 slightly lower as Hong Kong IPO rush sets up 2026 catalysts
HKEX shares closed down 0.24% at HK$407.60 on Dec. 31, amid a surge in Chinese IPO launches. Six Chinese firms debuted in Hong Kong Tuesday, raising about HK$6.99 billion, with more listings expected in early January. The Hang Seng Index ended the year down 0.87%. Hong Kong markets reopen Jan. 2 after the New Year holiday.