China sees revival of foreign investors through IPOs, convertibles: UBS

Foreign investors are returning to Chinese assets through convertible bonds and IPOs, helping fuel a fundraising rebound in Hong Kong as global investors seek exposure to the country’s artificial intelligence (AI), semiconductor and advanced manufacturing sectors.
According to estimates by UBS, Chinese companies raised about US$43 billion through equity capital market transactions in Hong Kong in the first five months of 2026, up from US$28 billion a year earlier.

Convertible bonds have emerged...