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22 May 2025
Chinese firms go on fund-raising spree amid rush of easy money
Summary: Chinese companies are capitalizing on a surge in global investor interest in Asian assets, driven by a thaw in US-China relations and a search for alternatives to the US. This has led to a significant increase in fund-raising, with Hong Kong share sales reaching US$25.8 billion in 2025, a 34% increase from the previous year. The positive market conditions, coupled with interest rate cuts from the People’s Bank of China, have created a favorable environment for Chinese companies to raise capital.