A golden era for the HK stock market

The bourse has become a magnet for mainland companies looking to list

The wave of Chinese mainland businesses that have headed south in the past 20 years, flooding Hong Kong's stock market, sending market capitalization to record highs, has led to a historic remaking of the local bourse.

The scramble for funds from initial public offerings, along with the tide of mainland capital flooding the city's securities markets, has been propelled by China's opening-up policies and the desire of mainland businesses to walk the global stage.