唐家成：全球资本寻求多元化布局 香港内联外通提供中国机遇“接入点”

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) is positioned as a key access point for global investors seeking to diversify their portfolios, particularly in the context of increasing interest in the Asian market and China amid geopolitical and tariff changes [1][2] Group 1: Market Dynamics - International investors are placing greater emphasis on portfolio diversification, with a heightened focus on the Asian market, especially China [1] - HKEX is expected to see a daily trading volume of nearly 250 billion HKD by 2025, indicating significant market vitality and a leading position in global IPO financing [1] - Chinese companies account for 65% of the listings on HKEX and contribute 70% to 80% of the total market capitalization, highlighting their dominance in the Hong Kong stock market [1] Group 2: Investment Trends - The HKEX is witnessing an upgrade in its market structure, aligning with the growth of the national economy, with 119 new companies expected to list in 2025, two-thirds of which will be in new economy sectors such as AI, advanced manufacturing, biomedicine, and clean energy [1] - Long-term investment strategies are encouraged, particularly in sectors like clean energy and AI, where investors should carefully analyze company fundamentals to distinguish between sustainable long-term growth and short-term trends [1]