Finance chief: IPO boom and active trading underscore HK's financial strength
發佈日期: 2025-09-28 19:39
TVB News
Financial Secretary Paul Chan says Hong Kong's financial market has performed strongly this year, with IPO fundraising topping global charts.
In the recently released Global Financial Centres Index, Hong Kong continues to rank third in the world and top the chart in the Asia-Pacific region, with the score gap narrowed with New York and London.
On his blog, Financial Secretary Paul Chan writes that with the strong support of Beijing and the joint efforts of the SAR administration and the industry, Hong Kong's strong performance reflects the city's financial strength and international recognition.
So far this year, IPO fundraising in Hong Kong has reached nearly 150 billion dollars -- the highest globally -- with increased participation of long-term international investors.
The Hang Seng Index has surged more than 30 percent year-to-date, with trading activity hitting record highs. Average daily turnover has exceeded 250 billion dollars.
Chan says active trading in Hong Kong stocks has also buoyed A-shares' performances.
According to statistics from the Hong Kong Stock Exchange, since September last year, the average daily turnover of 14 mainland companies' A shares rose by 28 percent after their H-share listings in Hong Kong saw an average 15 percent gain in share prices.
He says this shows that mainland companies listing in Hong Kong not only accelerate their international business expansion, but also generate mutual benefits between Hong Kong and the mainland capital markets.
Chan says the SAR government will continue to improve Hong Kong's financial infrastructure and is working to connect with markets such as Switzerland and the United Arab Emirates while promoting offshore Chinese government bonds as eligible collateral for more clearing institutions.
