Workflow
中资券商多维度助力香港国际金融中心建设
Zheng Quan Ri Bao·2025-06-23 16:27

Group 1 - Hong Kong's international financial center is thriving, with the Hong Kong Stock Exchange leading global IPO activities, completing 35 IPOs and raising nearly 1000 billion HKD by June 23, 2025 [1] - The number of companies waiting for IPO approval in Hong Kong exceeds 160, with over 40 applications submitted in May alone [1] Group 2 - Chinese securities firms play a crucial role in enhancing Hong Kong's status as an international financial center, becoming significant players in the IPO market and driving fundraising to global prominence [2][3] - The IPO market in Hong Kong has shown a notable recovery, with fundraising exceeding the total for the entire year of 2024, aided by Chinese securities firms' deep local resources and understanding of regulatory frameworks [3] Group 3 - Chinese securities firms are increasingly dominating the IPO market, surpassing foreign institutions in the number of projects, as evidenced by the successful listing of Haitian Flavoring and Food Company, which became the second-largest IPO in Hong Kong this year [4] - The involvement of major international investment banks alongside Chinese firms highlights the growing maturity and competitiveness of Chinese securities firms in the local market [4] Group 4 - Chinese securities firms facilitate cross-border capital flow and deepen the connectivity between mainland and Hong Kong capital markets, with a significant increase in trading volume through the Hong Kong Stock Connect [5] - In 2024, the trading amount serviced by Chinese securities firms for the Hong Kong Stock Connect reached 11.2 trillion HKD, a year-on-year increase of 64.9% [5] Group 5 - Chinese securities firms are expanding their presence in Hong Kong, with 35 subsidiaries established by the end of 2024, reflecting their commitment to the market [6] - The establishment of a wholly-owned subsidiary by Western Securities with an investment of 1 billion RMB underscores the confidence of Chinese firms in maintaining financial stability in Hong Kong [6]