{"id":661816,"date":"2026-02-03T11:15:21","date_gmt":"2026-02-03T03:15:21","guid":{"rendered":"https:\/\/law.asia\/?p=661816"},"modified":"2026-02-20T09:15:32","modified_gmt":"2026-02-20T01:15:32","slug":"hong-kong-ipo-2025","status":"publish","type":"post","link":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/","title":{"rendered":"2025\ub144 \ud64d\ucf69\uc758 IPO: \uc2dc\uc7a5 \ud3c9\uac00, \ub300\ud615 \ub51c, \uc2e0\ud765 \ud2b8\ub80c\ub4dc"},"content":{"rendered":"<div id=\"navigation\" style=\"text-align: justify;\">\n<table style=\"margin-top: 0px; width: 100%; overflow: hidden;\">\n<tbody>\n<tr style=\"display: flex; flex-wrap: wrap;\">\n<td style=\"width: 25%; border-right: 2px solid #D9E3E3; text-align: center; display: flex; align-items: center; justify-content: center; flex: 1; background: #406479; border-top: 2px solid #D9E3E3; border-radius: 10px; box-shadow: 0px 4px 6px rgba(0,0,0,0.1);\" valign=\"middle\">\n<p style=\"margin: 0; padding: 10px 0;\"><a href=\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\"><span style=\"color: #bbd6e7;\"><b>\uba54\uc778 \ud398\uc774\uc9c0<\/b><\/span><br \/>\n<\/a><\/p>\n<\/td>\n<td style=\"width: 25%; border-right: 2px solid #D9E3E3; text-align: center; display: flex; align-items: center; justify-content: center; flex: 1; background: #406479; border-top: 2px solid #D9E3E3; border-radius: 10px; box-shadow: 0px 4px 6px rgba(0,0,0,0.1);\" valign=\"middle\">\n<p style=\"margin: 0; padding: 10px 0;\"><a href=\"https:\/\/law.asia\/ko\/taiwan-capital-markets-2025\"><span style=\"color: #bbd6e7;\"><b>\ub300\ub9cc<\/b><\/span><br \/>\n<\/a><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div><\/div>\n<p>\ud64d\ucf69\uc740 2025\ub144 \uc138\uacc4 \ucd5c\uace0\uc758 IPO \uc2dc\uc7a5\uc73c\ub85c\uc11c \uc704\uc0c1\uc744 \uacf5\uace0\ud788 \ud558\uba70, \uc0c1\uc2b9\uc138\uc640 \ubc1c\uc804, \ubcc0\ud654\uc758 \ud55c \ud574\ub97c \uae30\ub85d\ud588\ub2e4. 12\uc6d4 \uc911\uc21c \uae30\uc900, \uc2dc\uc7a5\uc740 106\uac74\uc758 \uc2e0\uaddc \uc0c1\uc7a5\uc744 \ud1b5\ud574 \uc57d 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec(\uc57d 352\uc5b5 \ub2ec\ub7ec)\ub97c \uc870\ub2ec\ud588\uc73c\uba70, \uc138\uacc4 10\ub300 IPO \uc911 4\uac74\uc774 \uc774 \ub3c4\uc2dc\uc5d0\uc11c \uc774\ub904\uc84c\ub2e4. \uc2dc\uc7a5\uc740 Contemporary Amperex Technology(CATL)\uc758 \uc57d 53\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8 H-share \uc0c1\uc7a5\uc744 \ud3ec\ud568\ud55c \ub300\ud615 \ub51c\ub4e4\uc5d0 \uc758\ud574 \uacac\uc778\ub410\uc73c\uba70, Hengrui Pharmaceuticals, Haitian Flavouring and Food, Sanhua Intelligent Controls\uc758 \uc57d 10\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8 IPO \ub610\ud55c \uc774\ub97c \ub4b7\ubc1b\uce68\ud588\ub2e4.<\/p>\n<p>\u201cDeepSeek moment\u201d, \ud601\uc2e0 \uae30\uc220 \uc774\ub2c8\uc154\ud2f0\ube0c, \ub300\ub300\uc801\uc778 \uc2dc\uc7a5 \uac1c\ud601\uc5d0 \ud798\uc785\uc5b4 \uae00\ub85c\ubc8c \uc790\ubcf8\uc774 \ud64d\ucf69\uc73c\ub85c \ub2e4\uc2dc \uc720\uc785\ub410\ub2e4. HKEX\uc758 \uac00\uaca9 \ubc1c\uacac \uba54\ucee4\ub2c8\uc998 \uad00\ub828 \uac1c\ud601, Technology Enterprises Channel(TECH)\uc758 \ucd9c\ubc94, \ubc14\uc774\uc624\ud14c\ud06c(chapter 18A) \ubc0f \uae30\uc220(chapter 18C) \uae30\uc5c5\uc744 \uc704\ud55c \uc804\ubb38 \uc0c1\uc7a5 \uc81c\ub3c4 \uc9c0\uc6d0\uc744 \ubc14\ud0d5\uc73c\ub85c, \ud64d\ucf69\uc758 IPO \uc0dd\ud0dc\uacc4\ub294 \ud601\uc2e0 \uc911\uc2ec\uc758 \uc591\uc9c8\uc758 \uc790\ubcf8 \uc870\ub2ec \ud5c8\ube0c\ub85c\uc11c \uc544\uc2dc\uc544 \ucd5c\uace0\uc758 \uc704\uc0c1\uc744 \uc131\uacf5\uc801\uc73c\ub85c \uc7ac\ud655\ub9bd\ud588\ub2e4.<\/p>\n<h2><span style=\"color: #406479;\"><strong>\ud64d\ucf69 IPO \uad6c\uc870<\/strong><\/span><\/h2>\n<p><figure id=\"attachment_658622\" aria-describedby=\"caption-attachment-658622\" style=\"width: 200px\" class=\"wp-caption alignright\"><img class=\"wp-image-658622 size-full\" src=\"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Stephen-Luo-Jingtian-Gongcheng-1.jpg\" alt=\"Stephen Luo, Jingtian &amp; Gongcheng\" width=\"200\" height=\"250\" \/><figcaption id=\"caption-attachment-658622\" class=\"wp-caption-text\"><strong>Stephen LUO<\/strong><br \/>\ud30c\ud2b8\ub108 \ubcc0\ud638\uc0ac<br \/>Jingtian &amp; Gongcheng<br \/>\ud64d\ucf69<br \/>\uc804\ud654: +852 2926 9448<br \/>\uc774\uba54\uc77c: [stephen.luo@jingtian.com](mailto:stephen.luo@jingtian.com)<\/figcaption><\/figure>\ud64d\ucf69\uc740 \uc911\uad6d \ubcf8\ud1a0\uc640 \uae00\ub85c\ubc8c \ud22c\uc790\uc790\ub4e4\uc744 \uc5f0\uacb0\ud558\ub294 \ub3c5\ubcf4\uc801\uc778 \uc288\ud37c \ucee4\ub125\ud130 \uc5ed\ud560\uc744 \ud558\uba70, \uc138\uacc4 \uc8fc\uc694 IPO \uc2dc\uc7a5 \uc911 \ud558\ub098\ub85c \ub0a8\uc544 \uc788\ub2e4. \uc2dc\uc7a5\uc740 HKEX\uc640 Securities and Futures Commission(SFC)\uc774 \uacf5\ub3d9\uc73c\ub85c \uac10\ub3c5\ud558\ub294 \uc774\uc911 \uaddc\uc81c \uccb4\uacc4 \ud558\uc5d0\uc11c \uc6b4\uc601\ub41c\ub2e4.<\/p>\n<p>\uba54\uc778\ubcf4\ub4dc\ub294 \uc774\ubbf8 \uae30\ubc18\uc774 \ud0c4\ud0c4\ud55c \uae30\uc5c5\uc744 \ub300\uc0c1\uc73c\ub85c \ud558\ub294 \ubc18\uba74, \uc131\uc7a5\uae30\uc5c5\uc2dc\uc7a5(Growth Enterprise Market, GEM)\uc740 \uaddc\ubaa8\uac00 \ub354 \uc791\uac70\ub098 \uace0\uc131\uc7a5 \uae30\uc5c5\uc5d0 \ucd08\uc810\uc744 \ub9de\ucd98\ub2e4. \uc8fc\uc694 \ubc95\ub839\uc73c\ub85c\ub294 Securities and Futures Ordinance(cap 571), Companies Ordinance(cap 622), Companies (Winding Up and Miscellaneous Provisions) Ordinance(cap 32) \ub4f1\uc774 \uc788\uc73c\uba70, \uc774\ub7ec\ud55c \ubc95\ub839\uc740 HKEX \uc0c1\uc7a5 \uaddc\uce59\uc5d0 \uc758\ud574 \ub4b7\ubc1b\uce68\ub41c\ub2e4.<\/p>\n<h2><span style=\"color: #406479;\"><strong>2025\ub144 \ud64d\ucf69 IPO \uc2dc\uc7a5 \ub3d9\ud5a5 \ubc0f \uc131\uacfc<\/strong><\/span><\/h2>\n<p>\uba87 \ub144\uac04 \uce68\uccb4\uae30\ub97c \uacaa\uc740 \uc774\ud6c4, \ud64d\ucf69\uc758 IPO \uc2dc\uc7a5\uc740 2025\ub144 \uac15\ub825\ud55c \ud68c\ubcf5\uc138\ub97c \ubcf4\uc600\ub2e4.<\/p>\n<p>\ub300\ud615 \ubc1c\ud589\uc0ac \ud30c\uc774\ud504\ub77c\uc778\uc758 \ud655\ub300\uc640 \uc911\uad6d \ubcf8\ud1a0 \uae30\uc5c5\ub4e4\uc758 \ubcf5\uadc0\uc5d0 \ud798\uc785\uc5b4 \uc5f0\uc911 \ubaa8\uba58\ud140\uc774 \uac00\uc18d\ud654\ub410\ub2e4. 2025\ub144 12\uc6d4 19\uc77c \uae30\uc900, HKEX\ub294 106\uac74\uc758 \uc2e0\uaddc \uc0c1\uc7a5(GEM\uc5d0\uc11c \uba54\uc778\ubcf4\ub4dc\ub85c\uc758 \uc774\uc804 \uc0c1\uc7a5 \ud3ec\ud568)\uc744 \ub9de\uc774\ud588\uc73c\uba70, \ucd1d \uc57d 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec\ub97c \uc870\ub2ec\ud588\ub2e4. \uc774\ub294 \uc804\ub144\ub3c4 \ub300\ube44 \uc870\ub2ec \uaddc\ubaa8\uac00 \ud06c\uac8c \uc99d\uac00\ud55c \uc218\uc900\uc774\ub2e4.<\/p>\n<p>\ud604\ubb3c \uc2dc\uc7a5 \ub610\ud55c \ud65c\ub3d9\uc774 \ub418\uc0b4\uc544\ub0ac\uc73c\uba70, 2025\ub144 \uccab 11\uac1c\uc6d4 \ub3d9\uc548\uc758 \uc77c\ud3c9\uade0 \uac70\ub798\ub300\uae08\uc740 \uc57d 2,558\uc5b5 \ud64d\ucf69\ub2ec\ub7ec\uc5d0 \ub2ec\ud574 \uc804\ub144 \ub300\ube44 95% \uc99d\uac00\ud588\ub2e4. \ub610\ud55c HKEX \uc0c1\uc7a5 \uae30\uc5c5\ub4e4\uc740 \ud6c4\uc18d \uacf5\ubaa8\ub97c \ud1b5\ud574 \uc57d 660\uc5b5 \ub2ec\ub7ec\ub97c \uc870\ub2ec\ud558\uc5ec \uc790\ubcf8\uc2dc\uc7a5\uc758 \ud65c\ub825\uacfc \uae4a\uc774\ub97c \ubcf4\uc5ec\uc92c\ub2e4.<\/p>\n<p>\uc774\ub7ec\ud55c \ud68c\ubcf5\uc740 \uc911\uad6d \ubc0f \ud574\uc678 \ud22c\uc790\uc790\ub4e4\ub85c\ubd80\ud130\uc758 \ud22c\uc790 \uc2ec\ub9ac\uac00 \ub418\uc0b4\uc544\ub0ac\uc74c\uc744 \ubcf4\uc5ec\uc8fc\uba70, \uc544\uc2dc\uc544, \uc720\ub7fd, \uc911\ub3d9, \ubd81\ubbf8 \ud380\ub4dc\ub4e4\uc758 \uc801\uadf9\uc801\uc778 \ucc38\uc5ec \ub610\ud55c \ud655\uc778\ub410\ub2e4.<\/p>\n<h2><span style=\"color: #406479;\"><strong>2025\ub144 \uc8fc\uc694 \ud64d\ucf69 IPO \ub51c<\/strong><\/span><\/h2>\n<p>2025\ub144\uc740 CATL\uc774 \uc8fc\ub3c4\ud588\uc73c\uba70, 2025\ub144 5\uc6d4 20\uc77c CATL\uc758 \uc57d 53\uc5b5 \ubbf8\uad6d\ub2ec\ub7ec \uaddc\ubaa8 H-share IPO\ub294 2023\ub144 \uc774\ud6c4 \uc804 \uc138\uacc4 \ucd5c\ub300 \uaddc\ubaa8\uc758 IPO\uc600\ub2e4. CATL\uc758 \uc0c1\uc7a5\uc740 \uc2e0\uc5d0\ub108\uc9c0 \ubc0f \ud074\ub9b0\ud14c\ud06c \uae30\uc5c5\uc5d0 \ub300\ud55c \ud22c\uc790 \uc218\uc694\uac00 \ub9e4\uc6b0 \uac15\ud558\ub2e4\ub294 \uc810\uc744 \ubcf4\uc5ec\uc92c\ub2e4.<\/p>\n<p>Hengrui Pharmaceuticals, Haitian Flavouring and Food, Sanhua Intelligent Controls \ub4f1 \uc138 \uac74\uc758 10\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8 \uc0c1\uc7a5\uacfc \ud568\uaed8, \uc774\ub4e4 IPO\ub294 2025\ub144 \uc138\uacc4 10\ub300 IPO \uc911 4\uac74\uc744 \ucc28\uc9c0\ud588\ub2e4.<\/p>\n<h2><span style=\"color: #406479;\"><strong>\ud64d\ucf69\uc758 A + H, \ubc14\uc774\uc624\ud14c\ud06c, \uc804\ubb38 \uae30\uc220 \uc0c1\uc7a5<\/strong><\/span><\/h2>\n<figure id=\"attachment_658626\" aria-describedby=\"caption-attachment-658626\" style=\"width: 200px\" class=\"wp-caption alignright\"><img class=\"wp-image-658626 size-full\" src=\"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Stella-Yeung-Jingtian-Gongcheng.jpg\" alt=\"Stella Yeung, Jingtian &amp; Gongcheng\" width=\"200\" height=\"250\" \/><figcaption id=\"caption-attachment-658626\" class=\"wp-caption-text\"><strong>Stella YEUNG<\/strong><br \/>\ud30c\ud2b8\ub108 \ubcc0\ud638\uc0ac<br \/>Jingtian &amp; Gongcheng<br \/>\ud64d\ucf69<br \/>\uc804\ud654: +81 3 6250 6317<br \/>\uc804\ud654: +852 2926 9438<br \/>\uc774\uba54\uc77c: stella.yeung@jingtian.com<\/figcaption><\/figure>\n<p>\uaddc\uc81c \uac1c\ud601\uacfc \ud568\uaed8, \ud64d\ucf69\uc740 \uc0c1\uc7a5 \uad6c\uc870 \uce21\uba74\uc5d0\uc11c \uad6c\uc870\uc801 \ubcc0\ud654\uac00 \ub098\ud0c0\ub0ac\ub2e4. 2025\ub144\uc5d0\ub294 \uc138 \uac00\uc9c0 \uc8fc\uc694 \ud2b8\ub80c\ub4dc\uac00 \ub450\ub4dc\ub7ec\uc84c\ub2e4. A + H \uc774\uc911 \uc0c1\uc7a5\uc758 \uc99d\uac00\uc640 chapter 18A(\ubc14\uc774\uc624\ud14c\ud06c) \ubc0f chapter 18C(\uc804\ubb38\uae30\uc220) \uc81c\ub3c4 \ud558\uc5d0\uc11c\uc758 \uc0c1\uc7a5 \ud65c\ub3d9 \ud655\ub300\uc774\ub2e4. \uc774\ub4e4 \uc81c\ub3c4\uac00 \uc2dc\ud589\ub41c \uc774\ud6c4, \ucd1d 88\uac1c\uc758 \ubc14\uc774\uc624\ud14c\ud06c \ubc0f \uc804\ubb38 \uae30\uc220 \uae30\uc5c5\uc774 HKEX\uc5d0 \uc0c1\uc7a5\ud588\ub2e4.<\/p>\n<p>A + H \uc0c1\uc7a5. \ud64d\ucf69\uc740 A + H \uc0c1\uc7a5\uc758 \ub69c\ub837\ud55c \ud68c\ubcf5\uc138\ub97c \ubcf4\uc600\uc73c\uba70, \uc774\ub294 \uc911\uad6d \ubcf8\ud1a0 \ubc1c\ud589\uc0ac\ub4e4\uc758 \uc0c1\uc7a5 \uc804\ub7b5\uc774 \uc804\ubc18\uc801\uc73c\ub85c \uc7ac\uc870\uc815\ub418\uace0 \uc788\uc74c\uc744 \ubc18\uc601\ud55c\ub2e4. A + H \ubaa8\ub378\uc740 \ubcf8\ud1a0 \uae30\uc5c5\ub4e4\uc774 \uaddc\uc81c \uce5c\uc219\uc131\uc744 \uc720\uc9c0\ud558\uba74\uc11c\ub3c4 \ud22c\uc790\uc790 \uae30\ubc18\uc744 \ub2e4\ubcc0\ud654\ud560 \uc218 \uc788\ub294 \ub9e4\ub825\uc801\uc778 \uacbd\ub85c\ub85c \uacc4\uc18d \uae30\ub2a5\ud558\uace0 \uc788\ub2e4.<\/p>\n<p>2025\ub144 \uc0c1\ubc18\uae30 \ub3d9\uc548\uc5d0\ub9cc 8\uac74\uc758 A-to-H IPO\uac00 \uc644\ub8cc\ub418\uc5c8\uc73c\uba70, \ucd1d \uc57d 101\uc5b5 \ub2ec\ub7ec\ub97c \uc870\ub2ec\ud588\ub2e4. \ud2b9\ud788 CATL\uc758 H-share \ud2b8\ub79c\uce58\ub294 \uc0c1\uc7a5 \uc2dc\uc810\uc5d0 A share \ub300\ube44 \ud504\ub9ac\ubbf8\uc5c4\uc73c\ub85c \uac00\uaca9\uc774 \ucc45\uc815\ub410\ub294\ub370, \uc774\ub294 \ub9e4\uc6b0 \uc774\ub840\uc801\uc778 \uc0ac\ub840\ub85c \uad6d\uc81c \ud22c\uc790\uc790\ub4e4\uc758 \uc218\uc694 \uc99d\uac00\uc640 \ud64d\ucf69\uc758 \uac00\uaca9 \ubc1c\uacac \uae30\ub2a5\uc5d0 \ub300\ud55c \uc2e0\ub8b0\ub97c \ubcf4\uc5ec\uc900\ub2e4.<\/p>\n<p>chapter 18A: Biotech \uae30\uc5c5. chapter 18A\uc5d0 \ub530\ub978 \ubc14\uc774\uc624\ud14c\ud06c \uc0c1\uc7a5 \uc81c\ub3c4\ub294 \uc2dc\uc7a5\uc758 \ud575\uc2ec \ucd95\uc73c\ub85c \uacc4\uc18d \uc791\ub3d9\ud558\uace0 \uc788\ub2e4. \uc218\uc775\uc774\ub098 \uc774\uc775\uc774 \ubc1c\uc0dd\ud558\uae30 \uc804 \ub2e8\uacc4\uc758 \ubc14\uc774\uc624\ud14c\ud06c \uae30\uc5c5\ub3c4 \uc0c1\uc7a5\uc774 \uac00\ub2a5\ud558\ub3c4\ub85d \ud568\uc73c\ub85c\uc368, HKEX\ub294 \ud574\ub2f9 \uc0b0\uc5c5\uc5d0\uc11c \uc138\uacc4\uc801\uc778 \uc790\uae08\uc870\ub2ec \uc911\uc2ec\uc9c0\ub85c \uc790\ub9ac\ub9e4\uae40\ud588\ub2e4.<\/p>\n<p>2025\ub144 11\uc6d4, HKEX\ub294 Hang Seng Biotech Index Futures\ub97c \ub3c4\uc785\ud558\uc5ec \ud22c\uc790\uc790\ub4e4\uc5d0\uac8c \uc5ed\ub3d9\uc801\uc778 \ubc14\uc774\uc624\ud14c\ud06c \uc139\ud130\ub97c \uc704\ud55c \ub9ac\uc2a4\ud06c \uad00\ub9ac \uc218\ub2e8\uc744 \uc81c\uacf5\ud588\ub2e4. \uc774\ub294 \uae30\uc874 \ubc14\uc774\uc624\ud14c\ud06c \uad00\ub828 \uc0c1\ud488 \ubc0f \ub300\ud45c \uc9c0\uc218 \ud30c\uc0dd\uc0c1\ud488\uc744 \ubcf4\uc644\ud55c\ub2e4.<\/p>\n<p>chapter 18C: \uc804\ubb38 \uae30\uc220 \uae30\uc5c5. chapter 18A\uc758 \uc131\uacf5\uc5d0 \uc774\uc5b4, chapter 18C \uc804\ubb38 \uae30\uc220 \uc0c1\uc7a5 \uc81c\ub3c4(2023\ub144 3\uc6d4 \ucd9c\ubc94)\ub294 AI, \ub85c\ubcf4\ud2f1\uc2a4, \ubc18\ub3c4\uccb4, \ud074\ub9b0 \uc5d0\ub108\uc9c0 \ubd84\uc57c\uc758 \uace0\uc131\uc7a5 \uae30\uc5c5\ub4e4\uc774 \uc790\ubcf8\uc2dc\uc7a5\uc5d0 \uc811\uadfc\ud560 \uc218 \uc788\ub294 \ubc94\uc704\ub97c \ud655\ub300\ud588\ub2e4.<\/p>\n<p>\uc774\ub7ec\ud55c \ud750\ub984\uc744 \uae30\ubc18\uc73c\ub85c HKEX\ub294 2025\ub144\uc5d0 HKEX Tech 100 Index\ub97c \ucd9c\ubc94\ud588\ub2e4. \uc774\ub294 \ud64d\ucf69 \uae30\uc220 \uc139\ud130\uc5d0\ub9cc \ucd08\uc810\uc744 \ub9de\ucd98 \uadf8\ub8f9 \ucd5c\ucd08\uc758 \uc8fc\uc2dd \uc9c0\uc218\ub85c, 6\uac1c \ud601\uc2e0 \uc0b0\uc5c5\uc5d0 \uac78\uce5c \uc8fc\uc694 \ub300\ud615 \ubc0f \uc911\ud615 \uae30\uc5c5 100\uac1c\ub97c \ucd94\uc801\ud55c\ub2e4.<\/p>\n<h2><span style=\"color: #406479;\"><strong>\ud64d\ucf69 TECH \uc0c1\uc7a5 \ud50c\ub7ab\ud3fc<\/strong><\/span><\/h2>\n<p>2025\ub144 5\uc6d4, HKEX\uc640 SFC\ub294 Technology Enterprises Channel(TECH)\uc744 \ucd9c\ubc94\ud588\ub2e4. \uc774 \uc804\uc6a9 \ud50c\ub7ab\ud3fc\uc740 chapters 18A \ubc0f 18C\uc5d0 \ud574\ub2f9\ud558\ub294 \uc804\ubb38 \uae30\uc220 \ubc0f \ubc14\uc774\uc624\ud14c\ud06c \uae30\uc5c5\ub4e4\uc758 \uc0c1\uc7a5 \uc2e0\uccad \uc808\ucc28\ub97c \uc9c0\uc6d0\ud55c\ub2e4.<\/p>\n<p>TECH\ub294 \uc0c1\uc7a5 \uc2e0\uccad \uae30\uc5c5\uc774 \uacf5\uc2dd \uc81c\ucd9c \uc804\uc5d0 \uc0c1\uc7a5 \uc801\uaca9\uc131\uc5d0 \ub300\ud55c \uc0ac\uc804 \ud53c\ub4dc\ubc31\uc744 \ubc1b\uc744 \uc218 \uc788\ub3c4\ub85d \uc870\uae30\uc5d0 \ud611\uc758\ud560 \uc218 \uc788\ub294 \uae30\ud68c\ub97c \uc81c\uacf5\ud558\uba70, \uc2ec\uc0ac \uacfc\uc815\uc5d0\uc11c \uae30\uc5c5\uc758 \ub3c5\uc810 \ub370\uc774\ud130 \ubc0f \uc601\uc5c5\ube44\ubc00\uc744 \ubcf4\ud638\ud560 \uc218 \uc788\ub3c4\ub85d \ube44\uacf5\uac1c \uc81c\ucd9c \uc635\uc158\ub3c4 \uc81c\uacf5\ud55c\ub2e4. \uc774\ub7ec\ud55c \uc804\ub7b5\uc801 \uc870\uce58\ub294 \ud601\uc2e0 \uae30\uc5c5\ub4e4\uc774 \ubcf4\ub2e4 \ud6a8\uc728\uc801\uc73c\ub85c \uc790\ubcf8\uc5d0 \uc811\uadfc\ud560 \uc218 \uc788\ub3c4\ub85d \ub3d5\uace0, \ud64d\ucf69 \uae08\uc735 \uc0dd\ud0dc\uacc4 \ub0b4\uc5d0\uc11c\uc758 \uc131\uc7a5 \uc18d\ub3c4\ub97c \ub192\uc778\ub2e4.<\/p>\n<h2><span style=\"color: #406479;\"><strong>HKEX\uc758 \uae00\ub85c\ubc8c \ud655\uc7a5 \uc774\ub2c8\uc154\ud2f0\ube0c \ubc0f \uc804\ub7b5\uc801 \ud30c\ud2b8\ub108\uc2ed<\/strong><\/span><\/h2>\n<p>HKEX\ub294 2025\ub144 \ubc1c\ud589\uc0ac \uc720\uce58\ub97c \uc704\ud574 \uad6d\uc81c\uc801 \uc5f0\uacb0\uc131\uc744 \ud655\ub300\ud588\ub2e4. \uce74\uc790\ud750\uc2a4\ud0c4, \uc2f1\uac00\ud3ec\ub974, \ud0dc\uad6d, UAE \ub4f1 \ub2e4\uc591\ud55c \uc2dc\uc7a5\uc5d0\uc11c \uc0c1\uc7a5\uc744 \ub9de\uc774\ud588\uc73c\uba70, \uc8fc\uc694 \uc804\ub7b5\uc801 \ubc1c\uc804\uc740 \ub2e4\uc74c\uacfc \uac19\ub2e4.<\/p>\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li>\uc911\ub3d9 \uc9c0\uc5ed\uc73c\ub85c\uc758 \ud655\uc7a5. \uac78\ud504 \uc9c0\uc5ed \ub0b4 \uc785\uc9c0\ub97c \uac15\ud654\ud558\uae30 \uc704\ud574 \ub9ac\uc57c\ub4dc \uc624\ud53c\uc2a4\ub97c \uac1c\uc124\ud558\uace0, \ub450\ubc14\uc774 \uae30\ubc18\uc758 \uc6d0\uc790\uc7ac \uac00\uaca9 \uc0b0\uc815 \uc790\ud68c\uc0ac Commodity Pricing and Analysis \uc124\ub9bd\uc744 \ubc1c\ud45c\ud588\ub2e4.<\/li>\n<li>\u00a0\ud30c\ud2b8\ub108\uc2ed. \ud0dc\uad6d\uc99d\uad8c\uac70\ub798\uc18c\ub97c \uc778\uc815 \uac70\ub798\uc18c\ub85c \ucd94\uac00\ud558\uace0, \uc544\ubd80\ub2e4\ube44 \uc99d\uad8c\uac70\ub798\uc18c\uc640 \uc591\ud574\uac01\uc11c\ub97c \uccb4\uacb0\ud588\ub2e4.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<h2><span style=\"color: #406479;\"><strong>\uacb0\ub860: \ud64d\ucf69\uc758 IPO \uc8fc\ub3c4 \uc790\ubcf8\uc2dc\uc7a5 \ud68c\ubcf5<\/strong><\/span><\/h2>\n<p>2025\ub144\uc740 \uae00\ub85c\ubc8c \ud22c\uc790\uc790\ub4e4\uc774 \ud655\uc2e0\uc744 \uac00\uc9c0\uace0 \uc2dc\uc7a5\uc5d0 \ubcf5\uadc0\ud558\uba70 \ubaa8\uba58\ud140\uc774 \ud615\uc131\ub41c \ud55c\ud574\uc600\ub2e4. HKEX\uac00 \uc138\uacc4 \ucd5c\ub300 IPO \uc2dc\uc7a5\uc73c\ub85c \uc62c\ub77c\uc11c\uba70 106\uac1c \uc2e0\uaddc \uc0c1\uc7a5\uc744 \ud1b5\ud574 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec\ub97c \uc870\ub2ec\ud55c \uac00\uc6b4\ub370, \uc2dc\uc7a5\uc740 \uc6b0\ub7c9 \uae30\uc5c5\uacfc \uc0b0\uc5c5 \ub2e4\ubcc0\ud654\ub97c \uc911\uc2ec\uc73c\ub85c \uc7ac\ub3c4\uc57d \uad6d\uba74\uc5d0 \uc9c4\uc785\ud588\ub2e4.<\/p>\n<p>\uc720\ub3d9\uc131\uc740 \ub354\uc6b1 \ud655\ub300\ub410\uace0, \uc0c1\uc7a5 \uc608\uc815 \uae30\uc5c5 \ud30c\uc774\ud504\ub77c\uc778\ub3c4 \uac15\ud654\ub410\uc73c\uba70, \ud601\uc2e0\uc801\uc778 \uc544\uc774\ub514\uc5b4\ub4e4\uc774 \uc790\ubcf8\uc744 \ud655\ubcf4\ud588\ub2e4. 2026\ub144\uc744 \ubc14\ub77c\ubcf4\ub294 HKEX\ub294 \uae30\uc220\uacfc \ud30c\ud2b8\ub108\uc2ed\uc744 \uae30\ubc18\uc73c\ub85c \uc544\uc774\ub514\uc5b4\uc640 \uc790\ubcf8\uc744 \uc5f0\uacb0\ud558\ub294 \ubbf8\ub798 \uc9c0\ud5a5\uc801 \uc0dd\ud0dc\uacc4 \uad6c\ucd95\uc5d0 \uacc4\uc18d\ud574\uc11c \uc8fc\ub825\ud558\uace0 \uc788\ub2e4. \uaddc\uc81c \uc548\uc815\uc131\uacfc \ud48d\ubd80\ud55c \uc790\ubcf8 \uae30\ubc18\uc774 \uc720\uc9c0\ub418\ub294 \ud55c, \ud64d\ucf69\uc740 \uc544\uc2dc\uc544 \ucd5c\uace0\uc758 \uc790\ubcf8 \uc870\ub2ec \ud5c8\ube0c\ub85c\uc11c\uc758 \ub9ac\ub354\uc2ed\uc744 \uc9c0\uc18d\ud560 \uc218 \uc788\ub294 \uc720\ub9ac\ud55c \uc704\uce58\uc5d0 \uc788\ub2e4.<\/p>\n<section class=\"format-info\">\n<p style=\"text-align: justify;\"><strong><img class=\"aligncenter wp-image-638334 \" src=\"https:\/\/law.asia\/wp-content\/uploads\/2024\/11\/Jingtian-Gongcheng-Logo-scaled.jpg\" alt=\"\" width=\"320\" height=\"94\" \/>JINGTIAN &amp; GONGCHENG<br \/>\n<\/strong>Suites 3203-3207, 32\/F, Edinburgh Tower<br \/>\nThe Landmark, 15 Queen\u2019s Road,<br \/>\nCentral Hong Kong, Hong Kong SAR<br \/>\n\uc804\ud654: +852 2926 9300<br \/>\n\uc774\uba54\uc77c: <a href=\"mailto:jingtianhk@jingtian.com\">jingtianhk@jingtian.com<\/a><br \/>\n\uc6f9\uc0ac\uc774\ud2b8: <a href=\"http:\/\/www.jingtian.com\">www.jingtian.com<\/a><strong><br \/>\n<\/strong><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>\uba54\uc778 \ud398\uc774\uc9c0 \ub300\ub9cc \ud64d\ucf69\uc740 2025\ub144 \uc138\uacc4 \ucd5c\uace0\uc758 IPO \uc2dc\uc7a5\uc73c\ub85c\uc11c \uc704\uc0c1\uc744 \uacf5\uace0\ud788 \ud558\uba70, \uc0c1\uc2b9\uc138\uc640 \ubc1c\uc804, \ubcc0\ud654\uc758 \ud55c \ud574\ub97c \uae30\ub85d\ud588\ub2e4. 12\uc6d4 \uc911\uc21c \uae30\uc900, \uc2dc\uc7a5\uc740 106\uac74\uc758 \uc2e0\uaddc \uc0c1\uc7a5\uc744 \ud1b5\ud574 \uc57d 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec(\uc57d 352\uc5b5 \ub2ec\ub7ec)\ub97c \uc870\ub2ec\ud588\uc73c\uba70, \uc138\uacc4 10\ub300 IPO \uc911 4\uac74\uc774 \uc774 \ub3c4\uc2dc\uc5d0\uc11c \uc774\ub904\uc84c\ub2e4. \uc2dc\uc7a5\uc740 Contemporary Amperex Technology(CATL)\uc758 \uc57d 53\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8 H-share \uc0c1\uc7a5\uc744 \ud3ec\ud568\ud55c \ub300\ud615 \ub51c\ub4e4\uc5d0 \uc758\ud574 \uacac\uc778\ub410\uc73c\uba70,<\/p>\n","protected":false},"author":13501,"featured_media":658765,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","meta-author":"Stephen Luo \uadf8\ub9ac\uace0 Stella Yeung, Jingtian & Gongcheng"},"categories":[8398],"tags":[183908,183909,183892,183907,161432,117088,142648,142647,183910,183906],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.7 (Yoast SEO v17.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"\ud64d\ucf69\uc740 2025\ub144 \uc138\uacc4 \ucd5c\uace0\uc758 IPO \uc2dc\uc7a5\uc73c\ub85c\uc11c \uc704\uc0c1\uc744 \uacf5\uace0\ud788 \ud558\uba70, \uc0c1\uc2b9\uc138\uc640 \ubc1c\uc804, \ubcc0\ud654\uc758 \ud55c \ud574\ub97c \uae30\ub85d\ud588\ub2e4. 12\uc6d4 \uc911\uc21c \uae30\uc900, \uc2dc\uc7a5\uc740 106\uac74\uc758 \uc2e0\uaddc \uc0c1\uc7a5\uc744 \ud1b5\ud574 \uc57d 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec(\uc57d 352\uc5b5 \ub2ec\ub7ec)\ub97c \uc870\ub2ec\ud588\uc73c\uba70,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/\" \/>\n<meta property=\"og:locale\" content=\"ko_KR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2025\ub144 \ud64d\ucf69\uc758 IPO: \uc2dc\uc7a5 \ud3c9\uac00, \ub300\ud615 \ub51c, \uc2e0\ud765 \ud2b8\ub80c\ub4dc\" \/>\n<meta property=\"og:description\" content=\"\ud64d\ucf69\uc740 2025\ub144 \uc138\uacc4 \ucd5c\uace0\uc758 IPO \uc2dc\uc7a5\uc73c\ub85c\uc11c \uc704\uc0c1\uc744 \uacf5\uace0\ud788 \ud558\uba70, \uc0c1\uc2b9\uc138\uc640 \ubc1c\uc804, \ubcc0\ud654\uc758 \ud55c \ud574\ub97c \uae30\ub85d\ud588\ub2e4. 12\uc6d4 \uc911\uc21c \uae30\uc900, \uc2dc\uc7a5\uc740 106\uac74\uc758 \uc2e0\uaddc \uc0c1\uc7a5\uc744 \ud1b5\ud574 \uc57d 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec(\uc57d 352\uc5b5 \ub2ec\ub7ec)\ub97c \uc870\ub2ec\ud588\uc73c\uba70,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Law.asia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AsiaBusinessLaw\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-03T03:15:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-20T01:15:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Hong-Kong-IPOs-2025-Market-views-mega-deals-emerging-trends-Stephen-Luo-Stella-Yeung.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ablj_insights\" \/>\n<meta name=\"twitter:site\" content=\"@ablj_insights\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Website team 05\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5\ubd84\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/law.asia\/ko\/#organization\",\"name\":\"Law.asia\",\"url\":\"https:\/\/law.asia\/ko\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/AsiaBusinessLaw\/\",\"https:\/\/www.instagram.com\/law.asia_\/?hl=en\",\"https:\/\/www.linkedin.com\/company\/asiabusinesslawjournal\/\",\"https:\/\/www.youtube.com\/@Law.asiaLimited\",\"https:\/\/twitter.com\/ablj_insights\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/law.asia\/ko\/#logo\",\"inLanguage\":\"ko-KR\",\"url\":\"https:\/\/law.asia\/wp-content\/uploads\/2020\/10\/LAWDOTASIA-LOGO-152.png\",\"contentUrl\":\"https:\/\/law.asia\/wp-content\/uploads\/2020\/10\/LAWDOTASIA-LOGO-152.png\",\"width\":152,\"height\":152,\"caption\":\"Law.asia\"},\"image\":{\"@id\":\"https:\/\/law.asia\/ko\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/law.asia\/ko\/#website\",\"url\":\"https:\/\/law.asia\/ko\/\",\"name\":\"Law.asia\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/law.asia\/ko\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/law.asia\/ko\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"ko-KR\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#primaryimage\",\"inLanguage\":\"ko-KR\",\"url\":\"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Hong-Kong-IPOs-2025-Market-views-mega-deals-emerging-trends-Stephen-Luo-Stella-Yeung.jpg\",\"contentUrl\":\"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Hong-Kong-IPOs-2025-Market-views-mega-deals-emerging-trends-Stephen-Luo-Stella-Yeung.jpg\",\"width\":900,\"height\":600,\"caption\":\"Hong Kong IPOs 2025\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#webpage\",\"url\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/\",\"name\":\"2025\\ub144 \\ud64d\\ucf69\\uc758 IPO: \\uc2dc\\uc7a5 \\ud3c9\\uac00, \\ub300\\ud615 \\ub51c, \\uc2e0\\ud765 \\ud2b8\\ub80c\\ub4dc | Law.asia\",\"isPartOf\":{\"@id\":\"https:\/\/law.asia\/ko\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#primaryimage\"},\"datePublished\":\"2026-02-03T03:15:21+00:00\",\"dateModified\":\"2026-02-20T01:15:32+00:00\",\"description\":\"\\ud64d\\ucf69\\uc740 2025\\ub144 \\uc138\\uacc4 \\ucd5c\\uace0\\uc758 IPO \\uc2dc\\uc7a5\\uc73c\\ub85c\\uc11c \\uc704\\uc0c1\\uc744 \\uacf5\\uace0\\ud788 \\ud558\\uba70, \\uc0c1\\uc2b9\\uc138\\uc640 \\ubc1c\\uc804, \\ubcc0\\ud654\\uc758 \\ud55c \\ud574\\ub97c \\uae30\\ub85d\\ud588\\ub2e4. 12\\uc6d4 \\uc911\\uc21c \\uae30\\uc900, \\uc2dc\\uc7a5\\uc740 106\\uac74\\uc758 \\uc2e0\\uaddc \\uc0c1\\uc7a5\\uc744 \\ud1b5\\ud574 \\uc57d 2,746\\uc5b5 \\ud64d\\ucf69\\ub2ec\\ub7ec(\\uc57d 352\\uc5b5 \\ub2ec\\ub7ec)\\ub97c \\uc870\\ub2ec\\ud588\\uc73c\\uba70,\",\"breadcrumb\":{\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#breadcrumb\"},\"inLanguage\":\"ko-KR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#webpage\"},\"author\":{\"@id\":\"https:\/\/law.asia\/ko\/#\/schema\/person\/1eb0eca4569d71fa927502833bd61d4b\"},\"headline\":\"2025\\ub144 \\ud64d\\ucf69\\uc758 IPO: \\uc2dc\\uc7a5 \\ud3c9\\uac00, \\ub300\\ud615 \\ub51c, \\uc2e0\\ud765 \\ud2b8\\ub80c\\ub4dc\",\"datePublished\":\"2026-02-03T03:15:21+00:00\",\"dateModified\":\"2026-02-20T01:15:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#webpage\"},\"wordCount\":210,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/law.asia\/ko\/#organization\"},\"image\":{\"@id\":\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Hong-Kong-IPOs-2025-Market-views-mega-deals-emerging-trends-Stephen-Luo-Stella-Yeung.jpg\",\"keywords\":[\"18A \\ubc14\\uc774\\uc624\\ud14c\\ud06c\",\"18C \\uc804\\ubb38\\uae30\\uc220\\uae30\\uc5c5\",\"A+H \\uc0c1\\uc7a5\",\"CATL\",\"HKEX\",\"Jingtian &amp; Gongcheng\",\"Stella Yeung\",\"Stephen Luo\",\"\\uc790\\ubcf8\\uc2dc\\uc7a5 \\ud64d\\ucf69\",\"\\ud64d\\ucf69 IPO 2025\"],\"articleSection\":[\"Asia Business Law Journal\"],\"inLanguage\":\"ko-KR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#respond\"]}],\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/law.asia\/#organization\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/law.asia\/ko\/#\/schema\/person\/1eb0eca4569d71fa927502833bd61d4b\",\"name\":\"Website team 05\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/law.asia\/ko\/#personlogo\",\"inLanguage\":\"ko-KR\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9aabbf305ce0ba4ee191f1c8271609b1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9aabbf305ce0ba4ee191f1c8271609b1?s=96&d=mm&r=g\",\"caption\":\"Website team 05\"},\"url\":\"https:\/\/law.asia\/ko\/author\/johnmanson\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"description":"\ud64d\ucf69\uc740 2025\ub144 \uc138\uacc4 \ucd5c\uace0\uc758 IPO \uc2dc\uc7a5\uc73c\ub85c\uc11c \uc704\uc0c1\uc744 \uacf5\uace0\ud788 \ud558\uba70, \uc0c1\uc2b9\uc138\uc640 \ubc1c\uc804, \ubcc0\ud654\uc758 \ud55c \ud574\ub97c \uae30\ub85d\ud588\ub2e4. 12\uc6d4 \uc911\uc21c \uae30\uc900, \uc2dc\uc7a5\uc740 106\uac74\uc758 \uc2e0\uaddc \uc0c1\uc7a5\uc744 \ud1b5\ud574 \uc57d 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec(\uc57d 352\uc5b5 \ub2ec\ub7ec)\ub97c \uc870\ub2ec\ud588\uc73c\uba70,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/","og_locale":"ko_KR","og_type":"article","og_title":"2025\ub144 \ud64d\ucf69\uc758 IPO: \uc2dc\uc7a5 \ud3c9\uac00, \ub300\ud615 \ub51c, \uc2e0\ud765 \ud2b8\ub80c\ub4dc","og_description":"\ud64d\ucf69\uc740 2025\ub144 \uc138\uacc4 \ucd5c\uace0\uc758 IPO \uc2dc\uc7a5\uc73c\ub85c\uc11c \uc704\uc0c1\uc744 \uacf5\uace0\ud788 \ud558\uba70, \uc0c1\uc2b9\uc138\uc640 \ubc1c\uc804, \ubcc0\ud654\uc758 \ud55c \ud574\ub97c \uae30\ub85d\ud588\ub2e4. 12\uc6d4 \uc911\uc21c \uae30\uc900, \uc2dc\uc7a5\uc740 106\uac74\uc758 \uc2e0\uaddc \uc0c1\uc7a5\uc744 \ud1b5\ud574 \uc57d 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec(\uc57d 352\uc5b5 \ub2ec\ub7ec)\ub97c \uc870\ub2ec\ud588\uc73c\uba70,","og_url":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/","og_site_name":"Law.asia","article_publisher":"https:\/\/www.facebook.com\/AsiaBusinessLaw\/","article_published_time":"2026-02-03T03:15:21+00:00","article_modified_time":"2026-02-20T01:15:32+00:00","og_image":[{"width":900,"height":600,"url":"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Hong-Kong-IPOs-2025-Market-views-mega-deals-emerging-trends-Stephen-Luo-Stella-Yeung.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_creator":"@ablj_insights","twitter_site":"@ablj_insights","twitter_misc":{"Written by":"Website team 05","Est. reading time":"5\ubd84"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/law.asia\/ko\/#organization","name":"Law.asia","url":"https:\/\/law.asia\/ko\/","sameAs":["https:\/\/www.facebook.com\/AsiaBusinessLaw\/","https:\/\/www.instagram.com\/law.asia_\/?hl=en","https:\/\/www.linkedin.com\/company\/asiabusinesslawjournal\/","https:\/\/www.youtube.com\/@Law.asiaLimited","https:\/\/twitter.com\/ablj_insights"],"logo":{"@type":"ImageObject","@id":"https:\/\/law.asia\/ko\/#logo","inLanguage":"ko-KR","url":"https:\/\/law.asia\/wp-content\/uploads\/2020\/10\/LAWDOTASIA-LOGO-152.png","contentUrl":"https:\/\/law.asia\/wp-content\/uploads\/2020\/10\/LAWDOTASIA-LOGO-152.png","width":152,"height":152,"caption":"Law.asia"},"image":{"@id":"https:\/\/law.asia\/ko\/#logo"}},{"@type":"WebSite","@id":"https:\/\/law.asia\/ko\/#website","url":"https:\/\/law.asia\/ko\/","name":"Law.asia","description":"","publisher":{"@id":"https:\/\/law.asia\/ko\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/law.asia\/ko\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"ko-KR"},{"@type":"ImageObject","@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#primaryimage","inLanguage":"ko-KR","url":"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Hong-Kong-IPOs-2025-Market-views-mega-deals-emerging-trends-Stephen-Luo-Stella-Yeung.jpg","contentUrl":"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Hong-Kong-IPOs-2025-Market-views-mega-deals-emerging-trends-Stephen-Luo-Stella-Yeung.jpg","width":900,"height":600,"caption":"Hong Kong IPOs 2025"},{"@type":"WebPage","@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#webpage","url":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/","name":"2025\ub144 \ud64d\ucf69\uc758 IPO: \uc2dc\uc7a5 \ud3c9\uac00, \ub300\ud615 \ub51c, \uc2e0\ud765 \ud2b8\ub80c\ub4dc | Law.asia","isPartOf":{"@id":"https:\/\/law.asia\/ko\/#website"},"primaryImageOfPage":{"@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#primaryimage"},"datePublished":"2026-02-03T03:15:21+00:00","dateModified":"2026-02-20T01:15:32+00:00","description":"\ud64d\ucf69\uc740 2025\ub144 \uc138\uacc4 \ucd5c\uace0\uc758 IPO \uc2dc\uc7a5\uc73c\ub85c\uc11c \uc704\uc0c1\uc744 \uacf5\uace0\ud788 \ud558\uba70, \uc0c1\uc2b9\uc138\uc640 \ubc1c\uc804, \ubcc0\ud654\uc758 \ud55c \ud574\ub97c \uae30\ub85d\ud588\ub2e4. 12\uc6d4 \uc911\uc21c \uae30\uc900, \uc2dc\uc7a5\uc740 106\uac74\uc758 \uc2e0\uaddc \uc0c1\uc7a5\uc744 \ud1b5\ud574 \uc57d 2,746\uc5b5 \ud64d\ucf69\ub2ec\ub7ec(\uc57d 352\uc5b5 \ub2ec\ub7ec)\ub97c \uc870\ub2ec\ud588\uc73c\uba70,","breadcrumb":{"@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#breadcrumb"},"inLanguage":"ko-KR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home"}]},{"@type":"Article","@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#article","isPartOf":{"@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#webpage"},"author":{"@id":"https:\/\/law.asia\/ko\/#\/schema\/person\/1eb0eca4569d71fa927502833bd61d4b"},"headline":"2025\ub144 \ud64d\ucf69\uc758 IPO: \uc2dc\uc7a5 \ud3c9\uac00, \ub300\ud615 \ub51c, \uc2e0\ud765 \ud2b8\ub80c\ub4dc","datePublished":"2026-02-03T03:15:21+00:00","dateModified":"2026-02-20T01:15:32+00:00","mainEntityOfPage":{"@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#webpage"},"wordCount":210,"commentCount":0,"publisher":{"@id":"https:\/\/law.asia\/ko\/#organization"},"image":{"@id":"https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/law.asia\/wp-content\/uploads\/2026\/02\/Hong-Kong-IPOs-2025-Market-views-mega-deals-emerging-trends-Stephen-Luo-Stella-Yeung.jpg","keywords":["18A \ubc14\uc774\uc624\ud14c\ud06c","18C \uc804\ubb38\uae30\uc220\uae30\uc5c5","A+H \uc0c1\uc7a5","CATL","HKEX","Jingtian &amp; Gongcheng","Stella Yeung","Stephen Luo","\uc790\ubcf8\uc2dc\uc7a5 \ud64d\ucf69","\ud64d\ucf69 IPO 2025"],"articleSection":["Asia Business Law Journal"],"inLanguage":"ko-KR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/law.asia\/ko\/hong-kong-ipo-2025\/#respond"]}],"copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/law.asia\/#organization"}},{"@type":"Person","@id":"https:\/\/law.asia\/ko\/#\/schema\/person\/1eb0eca4569d71fa927502833bd61d4b","name":"Website team 05","image":{"@type":"ImageObject","@id":"https:\/\/law.asia\/ko\/#personlogo","inLanguage":"ko-KR","url":"https:\/\/secure.gravatar.com\/avatar\/9aabbf305ce0ba4ee191f1c8271609b1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9aabbf305ce0ba4ee191f1c8271609b1?s=96&d=mm&r=g","caption":"Website team 05"},"url":"https:\/\/law.asia\/ko\/author\/johnmanson\/"}]}},"_links":{"self":[{"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/posts\/661816"}],"collection":[{"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/users\/13501"}],"replies":[{"embeddable":true,"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/comments?post=661816"}],"version-history":[{"count":3,"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/posts\/661816\/revisions"}],"predecessor-version":[{"id":662002,"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/posts\/661816\/revisions\/662002"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/media\/658765"}],"wp:attachment":[{"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/media?parent=661816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/categories?post=661816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/law.asia\/ko\/wp-json\/wp\/v2\/tags?post=661816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}