HKEX's Lu Chenjian: It is expected that A+H listings will continue to be a key theme in 2025.

On May 15, at the "Tide Rising in Hong Kong, Gathering Momentum for Win-Win Cooperation - Special Seminar on the Integrated Development of the Shenzhen-Hong Kong Capital Markets and Listing in Hong Kong", Lu Chenjian, Vice President of the Global Listing Services Department of the Hong Kong Stock Exchange (00388), said that technology companies in the frontier technology field have become one of the most important sectors in the Hong Kong market, enhancing the diversity, liquidity, and depth of the Hong Kong market. It is expected that A+H listings will continue to be a key theme in 2025. In the first quarter of this year, the Hong Kong Stock Exchange continued its strong momentum from the second half of 2024, with a total of 17 companies listed, raising a total of HK$18.7 billion, nearly four times that of the first quarter of 2024. According to the Hong Kong Stock Exchange website, as of April 30, there are still 130 companies with listing applications in progress. Behind the hot trend of listing in Hong Kong, as a global financial hub, the Hong Kong stock market continues to attract mainland companies with its unique geographical advantage and institutional dividends. Through systematic institutional innovation and process optimization, the Hong Kong Stock Exchange continuously reinforces its influence in the international capital markets. To better serve technology and biotechnology companies, the Hong Kong Stock Exchange plans to open a "Tech Enterprise Fast Track" and work with the Securities and Futures Commission to create an efficient and convenient listing channel to provide strong support for the financing and development of tech companies. Meanwhile, the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange are deeply reforming core areas such as listing rules, market structure, and corporate governance to further enhance the efficiency of listing reviews.