According to Foresight News, Hong Kong's Financial Secretary, Paul Chan, has highlighted a global financial transformation driven by technology. Artificial intelligence and blockchain are reshaping capital flows and the boundaries of financial services, presenting new opportunities for market development. This year, Hong Kong's financial market has performed exceptionally well, with IPO totals nearing HKD 150 billion, ranking first globally. There has been a noticeable increase in participation from international long-term funds.
The Hong Kong stock market is experiencing a surge, with the Hang Seng Index rising over 30% this year. Trading activity has reached historic highs, with an average daily turnover exceeding HKD 250 billion. In the first eight months of this year, the refinancing amount for listed companies was nearly three times the IPO fundraising amount, reflecting the depth and vibrancy of Hong Kong's market.