Edward Yau: Further promote liquidity in the stock market and attract more high-quality global companies to list in Hong Kong.
Hong Kong Chief Executive Carrie Lam posted on social media on the 21st stating that the Hong Kong SAR government has implemented a series of reforms in the listing system in recent years, and the new stock market has prospered this year. As of mid-July this year, there have been a total of 52 IPOs, an increase of 30% compared to last year, raising a total of HK$124 billion, an increase of 590% compared to last year, ranking first in the world. The Hang Seng Index has cumulatively increased by 25.3% this year. Lam said that the SAR government will continue to improve the listing system, further promote market liquidity, attract more high-quality companies from around the world to list in Hong Kong, and enhance Hong Kong's attractiveness and vitality as a listing location. He stated that the SAR government is currently consulting on a new policy address, which aims to integrate the wisdom of the government, companies, experts, and the public to collectively promote the rapid development of Hong Kong.
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