Page 26 - Demo
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 Leading capital markets
v World No.1 for Initial Public Offering (IPO) funds raised in 2019, ranked first for seven times in the past 11 years;
v World No.1 environment for IPO and M&A (mergers and acquisitions) activity (Global Transactions Forecast 2019 by Baker McKenzie and Oxford Economics);
v World's 5th largest and Asia's 3rd largest stock market by market capitalisation, end-March 2020 (US$4,232 billion);
v World's largest stock market capitalisation: about 1,330% of Gross Domestic Product, the highest in the world (end-December 2019);
v World No.7 leading investment hub for both foreign direct investment (FDI) inflows and outflows in 2019 (UNCTAD: World Investment Report 2020)
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