Banks are entering the IPO frenzy of financial management. "Hard technology" track is the most favored.

Since the beginning of this year, the Hong Kong stock market has seen a new wave of IPOs, with many "hard technology" companies going public and attracting many institutional investors. Recently, many wealth management companies such as China Post Wealth Management and ICBC Wealth Management have announced their participation in cornerstone investments in Hong Kong IPOs such as Zhaoyi Innovation, Birun Technology, MiniMax, and Zhipu, all of which have generally recorded significant profits.