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Core Viewpoint - Hong Kong's economy is demonstrating resilience and vitality, leading to a positive reassessment from previously skeptical analysts [1][2]. Economic Performance - Hong Kong's GDP showed steady growth, reaching a five-quarter high in Q1 2025 [2]. - New stock fundraising exceeded 76 billion HKD, increasing more than sevenfold compared to the same period last year [2]. - The Hang Seng Index rose over 17% last year and has increased more than 15% year-to-date, outperforming global stock markets [2]. International Perception - Fitch Ratings affirmed Hong Kong's strong credit fundamentals, maintaining its credit rating and stable outlook [2]. - A survey by the American Chamber of Commerce indicated that 79% of companies do not plan to relocate their headquarters from Hong Kong in the next three years [2]. - 75% of surveyed companies view Hong Kong as a competitive international business center in Asia [2]. Strategic Developments - The listing of CATL in Hong Kong represents the largest IPO globally this year, highlighting Hong Kong's role as an international financial center [3]. - Foreign investors are looking to increase asset allocation in mainland China and Asia through Hong Kong [3]. - The Hong Kong government is focusing on reforms and aligning with national development strategies to enhance its status as an international innovation and technology hub [3]. International Cooperation - In May, the Chief Executive of Hong Kong led a trade delegation to the Middle East, resulting in 59 cooperation agreements across various sectors [3]. - New investment and trade partnerships with ASEAN, the Middle East, and South Asia are expanding Hong Kong's competitive edge and attractiveness [3]. Social Consensus - There is a collective agreement among Hong Kong's 7.5 million residents to focus on economic development and improving livelihoods [4]. - The society is encouraged to overcome external challenges and enhance the implementation of "One Country, Two Systems" for better development [4].