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Hong Kong Surpasses Dot-Com Boom With Record Technology IPO Haul

  • Fundraising from tech firms more than five times level in 2000
  • Online insurer, car-financing website sell shares in Hong Kong
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Photographer: Justin Chin/Bloomberg

Hong Kong’s red-hot market for technology listings has already surpassed the heady days of the dot-com boom. 

Fundraising from tech-related initial public offerings in the city, led by ZhongAn Online P&C Insurance Co., has hit a record $4.2 billion this year, according to data compiled by Bloomberg. That’s more than five times the amount raised in Hong Kong during the global dot-com boom in 2000.