Chinese Mainland and Hong Kong IPO Markets Q1 2023 Review slide image

Chinese Mainland and Hong Kong IPO Markets Q1 2023 Review

2023 outlook: A-share market KPMG Post-pandemic recovery Post-pandemic reopening and favourable economic policies support the economic recovery. • Backed by a healthy pipeline of over 810 active applicants, IPO activities are expected to gradually pick up. Registration-based system unified markets nationwide • . Unifying the listing procedures across all boards helps improve the facilitation of a multi-level capital market. It will continue to elevate A-share market's openness and vitality, solidifying the market's competitiveness among other global listing venues. “ The A-share markets have demonstrated a commitment to improving their system and are well-positioned to take advantage of the government's economic stimulus to revive its IPO activities. We remain cautiously optimistic for the A-share IPO markets for the rest of the year. Louis Lau Partner Capital Markets KPMG China © 2023 KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved Chinese Mainland and Hong Kong IPO markets | 13
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