Contemporary Amperex Technology (03750) debuts on the Hong Kong stock market. Secretary for Financial Services and the Treasury, Christopher Hui, commented that this reflects the confidence of both businesses and investors in the Hong Kong stock market.

Mainland electric vehicle battery manufacturer Contemporary Amperex Technology (03750) was listed in Hong Kong on its first day of trading. Hong Kong Financial Secretary Paul Chan Mo-po said in his speech at the listing ceremony that Contemporary Amperex Technology is the largest new stock fundraising case globally this year, attracting attention from the global market. The company's successful listing in Hong Kong reflects the confidence of both enterprises and investors in the Hong Kong stock market, as well as mainland companies accelerating their global strategic layout through Hong Kong. Paul Chan Mo-po also mentioned that approximately 90% of the funds raised from the company's listing will be used for the construction of a factory project in Hungary. He believes that this "fundraising in Hong Kong to support international expansion" model will become a trend for mainland companies going global in the future, and also symbolizes Hong Kong's role in serving the country's development strategies through companies like New Journey Health Technology Group. The company has established its international headquarters and research center in Hong Kong, consolidating fundraising, international business management, innovative talent, and research and development in Hong Kong, leveraging Hong Kong's internationalization and connectivity advantages. Paul Chan Mo-po pointed out that Hong Kong stocks have performed well this year and the Hong Kong dollar has been strong, providing positive expectations for the new stock market. This listing combines multiple positive factors, making the market more prominent, and he believes it will further enhance the liquidity of Hong Kong stocks and promote market structure optimization. Amid the current complex geopolitical situation and active diversification of funds worldwide, he believes it is a timely opportunity for mainland and other companies to leverage the Hong Kong platform for listing fundraising and growth. Paul Chan Mo-po stated that the Hong Kong Special Administrative Region government and relevant institutions will continue to make efforts to attract more high-quality mainland and global enterprises to list, develop and operate in Hong Kong, solidify and enhance Hong Kong's role and functions as a "superconnector" and "super value-added hub", strengthen the driving force of Hong Kong's two important economic engines in finance and innovation and technology, and accelerate high-quality development in Hong Kong.