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Investor Presentaiton

Hong Kong IPOs: Main Board - sector analysis (Cont'd) 30% 20% 10% 2020: Top 5 sectors - by total funds raised 25% 25% 17% 15% Total funds raised = HKD 389.3B 5% 13% 0% TMT Healthcare / Life Sciences Consumer Markets Infrastructure / Financial Real Estate Services Others Source: HKEX and KPMG analysis + Healthcare/Life Sciences The sector ranked second in terms of funds raised and third in terms of the number of IPOs. Listings from the healthcare/life sciences sector contributed 25 percent of funds raised for the year to date, including 14 companies listed under Chapter 18A, raising an aggregate of HKD41.1 billion, representing 11 percent of total funds raised during the period. There are currently 19 companies in the pipeline applying for a Hong Kong listing, this includes companies engaged in the development of drugs and biological products, genetic testing services, hospitality services, operation of clinics and dental services, etc. With the healthcare/life sciences industry continuing to develop, funding needs are expected to expand for cancer treatments, autoimmune disease treatments, medical devices etc. 40% 2019: Top 5 sectors - by total funds raised Total fundraising = HKD 313.3B 35% 30% 20% 10% 22% 13% 13% 10% 7% 0% TMT Consumer Markets Healthcare / Life Sciences Infrastructure/ Real Estate Financial Services Others Note: All analysis is based on a combination of data as at 6 December 2020 and KPMG estimates, unless otherwise stated. KPMG Source: HKEX and KPMG analysis Consumer Markets The sector ranked fourth in terms of funds raised and third in terms of the number of IPOs. Fast food franchise operator Yum China Holdings completed a secondary listing and raised a total of HKD17.3 billion in September this year. Among 17 active applicants in the Main Board pipeline as of 6 December 2020, 10 of them are engaged in the sales of consumer goods, four of them are engaged in food and beverage businesses. © 2020 KPMG, a Hong Kong partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. 21 21
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