Morgan Stanley Adds Contract Staff as Hong Kong IPO Pipeline Swells

Hong Kong IPO pipeline growth has prompted Morgan Stanley to hire contract staff to manage increased listing activity while keeping costs flexible.

Reuters reported the bank recruited one‑year contractors for IPO due diligence work, with the support team numbering around 10 people.

The hiring comes as Hong Kong’s listings market rebounds strongly, raising about USD37.4bn across 119 IPOs in 2025 to reclaim the global top ranking.

Exchange data also showed a pipeline of 530 main‑board applications by February 2026. The Hong Kong IPO pipeline growth reflects renewed momentum in Asia capital markets.