Financial Secretary of Hong Kong, Paul Chan: Currently, there are over 500 cases waiting for approval to list in Hong Kong.

Hong Kong Special Administrative Region government Financial Secretary Paul Chan Mo-po wrote in a blog post, saying that in terms of new share listings, the IPO market in Hong Kong in the first quarter of this year continued last year’s strong momentum. As of March 27, the amount raised had already exceeded HK$103 billion, ranking first globally. Together with subsequent financing and other measures, the total fundraising scale was about HK$237 billion. More importantly, an increasing number of companies coming to list in Hong Kong belong to emerging industries—artificial intelligence, semiconductors, robotics, autonomous driving, biotechnology, and so on. At present, the number of application cases waiting to come to list in Hong Kong has already exceeded 500. It can be said that when the external environment is even more uncertain, more companies view Hong Kong as an important window for financing and for “going global” development. (China Finance Network)