Hong Kong Stock Exchange (HKEX) News & Outlook on Dec. 21, 2025: Board Lot Reform, AI IPO Wave, and 2026 Forecasts
HONG KONG — Dec. 21, 2025 — The Hong Kong Stock Exchange is heading into 2026 with a mix of momentum and methodical housekeeping: headline-grabbing IPO candidates (from AI unicorns to crypto), big-ticket rule changes that kick in on New Year’s Day, and a market-structure overhaul aimed at making everyday trading less awkward for ordinary investors. EY+4TradingView+4Hong Kong Exchanges and Clearing+4 At the center is HKEX’s two-track strategy: keep Hong Kong the preferred offshore listing venue for mainland heavyweights, while also tightening the nuts and bolts of how the market functions—public float visibility, board lot accessibility, and IPO process quality.