Story perspectives

Hong Kong backs IPO Connect to link mainland investors

8/21/2026

Summary

Story summary

Vistra managing director Pamela Chung Kong-hung says Hong Kong can advance an IPO Connect scheme.
The scheme would let mainland investors access Hong Kong IPOs, improving discovery and expanding capital.
Chung notes the secondary-market Connect has operated stably without capital outflows.
She adds focus has shifted from capital flight to market-structure development.
Chung describes IPO Connect as the next step toward full market linkage despite past Beijing regulator resistance.

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Story summary

Vistra managing director Pamela Chung Kong-hung says Hong Kong can advance an IPO Connect scheme.
The scheme would let mainland investors access Hong Kong IPOs, improving discovery and expanding capital.
Chung notes the secondary-market Connect has operated stably without capital outflows.
She adds focus has shifted from capital flight to market-structure development.
Chung describes IPO Connect as the next step toward full market linkage despite past Beijing regulator resistance.