The Hong Kong Stock Exchange (HKEX) has reported robust performance for newly listed stocks. According to Ming Pao, data from Dealogic and Bloomberg indicates that initial public offerings (IPOs) raising $100 million or more have seen significant gains. On average, these stocks experienced a 23.8% increase in share price on their first day of trading. Over the course of a month, the average increase reached 30.7%, marking the best performance in the past 20 years.