Hong Kong Exchange's Chen Yiting: New economy companies have become the main force in Hong Kong's new stock market financing.

On August 30th, the 7th Guangdong-Hong Kong-Macao Greater Bay Area Financial Development Forum was held in Nansha, Guangzhou. Charles Li, Chief Executive of Hong Kong Exchanges and Clearing Limited, stated in a video speech that as a major core financial infrastructure of the Greater Bay Area, the Hong Kong Exchanges has been actively promoting the economic and financial development of the region. In order to better serve the needs of the country's high-quality economic development, the Hong Kong Exchanges has continuously reformed and optimized its listing system to provide financial support to new economy companies representing new productive forces. Charles Li mentioned that the Hong Kong Exchanges have provided convenient and diverse listing channels for new economy companies, including allowing companies with dual-class share structures and biotechnology companies without operating income to list on the Hong Kong Stock Exchange. Special listing rules have also been tailored for technology companies in the high-tech industry. Currently, new economy companies have become the main force in fundraising in the Hong Kong IPO market, with at least over sixty percent of new funds raised coming from industries such as healthcare, new energy, and TMT.