Hong Kong will grow to become the largest IPO market in 2019: KPMG survey

HONG KONG,— The Hong Kong stock exchange will once again rank as the world's leading fund-raising hub in terms of IPOs this year, a KPMG report said.

The exchange will have completed 160 IPOs by the end of 2019, raising a total of $307.8 billion (about $40 billion) in Hong Kong, with a historic high of 145 new mainboard listings, the report said.

For the exchange, it will be the second straight year to top the IPO....