Lates News

On June 19th, reviewing the 25-year development history of the Hong Kong Stock Exchange, Chairman of the Hong Kong Stock Exchange, Charles Li, stated that the close connection between Hong Kong and mainland markets over the years has created a win-win situation for both capital markets. Since 2000, the number of Hong Kong-listed companies has increased from 790 to over 2600, more than tripled. Today, mainland Chinese companies listed in Hong Kong already account for 81% of the total market value. He also mentioned that while mainland companies remain an important pillar supporting the Hong Kong IPO market, companies from various Asian countries such as Singapore, Thailand, and Indonesia continue to show interest in listing in Hong Kong. Currently, the Hong Kong Stock Exchange has included 20 overseas markets in its list of recognized stock exchanges, including markets in Asia and the Middle East, allowing companies primarily listed in these markets to apply for a secondary listing in Hong Kong. "We believe that promoting the connection between China and global markets, promoting the internationalization of the renminbi, and supporting the development of the mainland Chinese market will continue to bring us endless opportunities; at the same time, we will actively explore new sources of capital in the Middle East and Southeast Asia to help technology innovation companies establish connections with capital, turning visionary ideas into solutions that can change the world," said Charles Li.