Chen Maobo: Hong Kong has continued to rank first in global IPO fundraising this year.

The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan Mo-po, stated today that following last year's outstanding performance, Hong Kong continues to rank first in the world in terms of funds raised through new stock listings this year. As of last week, the amount raised through new stock listings on the Hong Kong Stock Exchange has exceeded HK$140 billion; since March, the daily turnover of the Hong Kong stock market has exceeded HK$280 billion. These developments confirm that, even amidst changes in the global environment, the development of the Hong Kong financial market remains unstoppable. Chan Mo-po pointed out that with the upcoming May Day Golden Week in the mainland, the Immigration Department of the SAR government expects approximately 980,000 mainland visitors to Hong Kong during the holiday period, an increase of about 7% compared to the same period last year. The SAR government will make preparations for crowd management at various attractions and popular destinations, hoping to provide a better experience for tourists and continue to benefit industries such as catering and retail.