Hong Kong Financial Secretary: In the first quarter, financing by listed platforms exceeded HKD 103 billion, as emerging industries such as artificial intelligence flocked to Hong Kong

BlockBeats message: On April 5, the Financial Secretary of the Hong Kong Special Administrative Region Government of China published a policy note reviewing the economy for the first quarter of 2026, mentioning that the Hong Kong market is active in trading. In the first two months of this year, average daily trading value exceeded HK$260 billion, up 17% year on year. As March began, market conditions became even more active; the average daily trading value of Hong Kong stocks exceeded HK$300 billion, an increase of more than 8% compared with the same period last year. Investors have been increasing their allocations of assets in Hong Kong. In addition to viewing Hong Kong as a reliable haven for funds, this is also because the stable growth of the Mainland economy and a large number of high-quality enterprises have been listing in Hong Kong, providing abundant investment opportunities.

Meanwhile, global competition in cutting-edge technologies such as artificial intelligence has entered a white-hot stage. From breakthroughs in core technologies, to the development of upstream and downstream segments of the industrial chain, and through to the exploration of even broader application scenarios, all of it requires massive capital support. Hong Kong’s listing platforms are playing a key role in this regard. In the first quarter of this year, the IPO market maintained the strong momentum from last year. As of March 27, the amount raised had already exceeded HK$103 billion, ranking first globally. Together with subsequent fundraisings and so on, the total fundraising scale is about HK$237 billion. The number of enterprises listing in Hong Kong that belong to emerging industries is increasing—artificial intelligence, semiconductors, robotics, autonomous driving, biotech, and more. Currently, the number of application cases waiting in the queue for listing in Hong Kong has already exceeded 500 cases. More companies view Hong Kong as an important window for financing and for “going global.”