Hong Kong Financial Secretary: First-quarter listed platform financing exceeded HKD 103 billion, with emerging industries such as artificial intelligence flocking to Hong Kong

ME News Report, April 5th (UTC+8), the Financial Secretary of the Hong Kong SAR Government published an essay reviewing the economy in the first quarter of 2026, mentioning that the Hong Kong market remains active. In the first two months of this year, the average daily transaction volume exceeded HKD 260 billion, an increase of 17% year-on-year. In March, market activity became even more vibrant, with the average daily trading volume surpassing HKD 300 billion, an increase of over 8% compared to the same period last year. Investors are increasing their asset allocations in Hong Kong, not only viewing Hong Kong as a reliable safe haven for capital but also due to the stable growth of the mainland economy and a large number of high-quality companies listing in Hong Kong, providing abundant investment opportunities. Meanwhile, global competition in cutting-edge technologies such as artificial intelligence has entered a heated phase, requiring substantial funding support for core technology breakthroughs, development of the upstream and downstream of the industrial chain, and exploration of broader application scenarios. The Hong Kong listing platform is playing a key role in this regard. In the first quarter of this year, the IPO market continued its strong momentum from last year. As of March 27th, fundraising exceeded HKD 103 billion, ranking first globally; including subsequent financing, the total fundraising amount is approximately HKD 237 billion. An increasing number of companies listing in Hong Kong belong to emerging industries—artificial intelligence, semiconductors, robotics, autonomous driving, biotechnology, and more. Currently, there are over 500 applications pending for listing in Hong Kong. More companies see Hong Kong as an important window for financing and expanding overseas. (Source: ChainCatcher)