该行表示，由于市场情绪改善，截至3月底，正在申请的活跃IPO申请数量从80份增至100份，其中包括一些新经济发行人。展望未来，集资额受到以下因素的支持，包括上市制度扩大以及内地监管机构的政策推动等。UBS pointed out that once the exemption from the “Hong Kong Stock Connect” dividend tax and the threshold reduction for Hong Kong Stock Connect participants is implemented, it will have a positive impact on the connectivity plan.
The Zhitong Finance App learned that UBS released a research report stating that it gave the Hong Kong Stock Exchange (00388) a “neutral” rating and a target price of HK$262 for 12 months.
According to the report, the Hong Kong Stock Exchange's future-oriented technology is a strategic focus. Following a record high in derivatives trading volume in 2022 and 2023, it also indicates that Hong Kong Stock Connect's transaction fee contribution has been at a double digit level in the past few years. Once exempted from the “Hong Kong Stock Connect” dividend tax and the threshold reduction for Hong Kong Stock Connect participants is implemented, it will have a positive impact on the connectivity plan.
The bank said that due to improved market sentiment, the number of active IPO applications currently pending had increased from 80 to 100 by the end of March, including some new economy issuers. Looking ahead, the amount raised is supported by the following factors, including the expansion of the listing system and policy promotion by mainland regulators.