JPMorgan Chase's Bai Sijia: The new regulations for Hong Kong stock IPOs enhance system inclusiveness and boost market confidence

Zhitong
2025.08.02 04:41

On August 1st, the Hong Kong Stock Exchange published a consultation summary on optimizing the pricing of initial public offerings (IPOs) and public market regulations, and launched further consultations on the proposal for continuous public shareholding. Bai Sijia, head of JPMorgan's Hong Kong listing and corporate finance department, stated in an exclusive interview with China Securities Journal that the new IPO regulations for Hong Kong stocks have increased the inclusiveness and flexibility of the system, while also placing a high emphasis on the connectivity with the mainland market, which will inject strong momentum and confidence into the Hong Kong IPO market. As a participant in this reform, Bai Sijia found in discussions with many clients that the Hong Kong Stock Exchange has genuinely listened to market voices, and these reform measures are more aligned with market demands, which is expected to further enhance the international competitiveness of the Hong Kong market. Some international companies are also paying attention to these reform measures and have begun to explore plans for listing in Hong Kong