HKEX Chief: «Cause for Optimism in Capital Markets» in 2026

Hong Kong’s exchange CEO Bonnie Chan is optimistic about capital markets in 2026 following a record financial year for the local bourse.

Hong Kong Exchanges and Clearing (HKEX) delivered record profit attributable to shareholders of HK$17.8 billion ($2.3 billion) in 2025, according to the bourse’s financial results, up 36 percent year-on-year. Revenues grew 30 percent to HK$29.2 billion, which was also a record, with all-time high volumes in cash, derivatives and commodities markets driving trading and clearing fees higher.

«In 2025, HKEX reinforced its role as a global superconnector, regained its position as the world’s leading venue for IPOs and set new trading as well as financial performance records,» said HKEX CEO Bonnie Chan.

«While we expect volatility to persist amid the prevailing macro landscape in 2026, we also see cause for optimism in capital markets as global investors adjust to the ongoing uncertainty of an increasingly multipolar world by seeking diversification and risk management opportunities in Asian, and specifically Chinese, assets.»

Hong Kong was the global IPO leader in 2025 with 119 new listings raising a total of HK$286.9 billion, up 226 percent. The exchange kicks off 2026 with strong momentum, including an IPO pipeline with over 400 active applications.