Hong Kong’s IPO market is showing signs of revival, with at least six companies planning to raise HKD3.3bn (USD429m) through listings by late January, according to exchange filings. The firms include Chinese toy maker Bloks Group and autonomous vehicle tester Beijing Saimo Technology. The surge follows relaxed listing requirements for mainland firms and China’s push to strengthen Hong Kong as a financial hub. Companies are also rushing to complete listings before Donald Trump’s January 20 inauguration, citing potential policy risks. Hong Kong’s IPO proceeds have nearly doubled to USD10bn in 2024, though still below pre-pandemic averages. The Hang Seng Index rose 18% this year, supported by China’s stimulus measures, with the Hang Seng China Enterprises Index up 27%, its best performance since 2009.