Recently, Deloitte China Capital Markets Services released a report showing that Hong Kong Exchanges and Clearing Limited (HKEX) is expected to rank among the world's top four IPO (Initial Public Offering) markets this year. The report pointed out that as of the end of the third quarter of 2024, following the completion of Midea Group's listing, HKEX has risen to become the world's fourth-largest exchange in terms of IPO fundraising proceeds. The report forecasts that in the first three quarters of 2024, the Hong Kong market will see 45 new share offerings raising HK$50.9 billion, with the number of new shares and total fundraising amount increasing by 2% and 107% year-on-year respectively; for the full year, it is projected that there will be 80 new share offerings raising between HK$60 billion and HK$80 billion. The report holds that if the Federal Reserve cuts interest rates twice this year and the mainland economy delivers stronger performance, it will help more capital flow into the market and increase the number of large and mega-sized new share offerings. This is expected to help HKEX firmly maintain its top-four position in the global new share market rankings in 2024. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting and Management Co., Ltd. is a domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same ultimate beneficial owner. Both companies share the same ultimate beneficial owner and operate under the same unified China-based management framework. Both companies comply with the laws of Hong Kong and the mainland of the People's Republic of China.