智通财经网·2025-08-20 11:24Group 1 - The CEO of Hong Kong Stock Exchange (HKEX) stated that there is no established position on 24-hour trading and emphasized the need for public consultation while considering the potential risks and pressures associated with such a change [1] - Since the launch of the technology company listing channel in May, HKEX has completed over 50 IPO applications, raising nearly $17 billion, leading the global IPO rankings [1][2] - The CEO mentioned that there are currently 230 companies in the pipeline for IPO applications, indicating that Hong Kong remains the preferred international financing market for mainland enterprises [1] Group 2 - The Chief Operating Officer highlighted that many markets, including the UK and EU, are expected to transition to a "T+1" settlement cycle by the end of 2027, which would result in 88% of global trading adopting this cycle [2] - HKEX plans to consult the market on adjusting the trading unit size by the end of this year, as there are currently up to 40 different trading unit sizes [2] - HKEX reported record high revenue and profit for the first half of 2025, with revenue and other income reaching HK$14.076 billion, a 33% increase year-on-year, and a shareholder profit of HK$8.519 billion, up 39% [2] Group 3 - The average daily trading volume in the cash market, derivatives market, and Stock Connect reached a six-month high, with an average daily trading amount of CNY 240.2 billion, a year-on-year increase of 118% [3] - The Hong Kong IPO market continued its strong growth in 2025, with a total fundraising amount of HK$109.4 billion, a 716% increase year-on-year, and 44 new companies listed during the period [3] - The listing of CATL in May 2025 raised HK$41 billion, marking the largest IPO in Hong Kong since February 2021 and the largest globally in 2023 [3]