HKEX(HK:00388) Zhong Guo Zheng Quan Bao·2026-02-25 08:40Group 1 - The Hong Kong government released the 2026-2027 fiscal budget, which includes measures to optimize the securities market and attract issuers [1] - The Hong Kong Stock Exchange (HKEX) plans to revise the listing requirements for "dual-class shares," facilitate secondary listings for overseas issuers, and provide more flexibility for biotech and specialized technology companies in the IPO process [1] - HKEX aims to implement a structured product listing framework and consult on the specific implementation of a "T+1" settlement cycle in the first half of the year [1] Group 2 - The budget also outlines reforms to the ongoing regulatory framework for listed companies and provides specific guidelines for overseas companies seeking secondary listings in Hong Kong [1] - HKEX Chairman stated that the measures proposed in the budget will strengthen Hong Kong's position as a leading global financial center and demonstrate the government's commitment to enhancing the long-term competitiveness and resilience of Hong Kong's financial market [1] - The CEO of HKEX emphasized the importance of deepening market connectivity, building a diverse asset ecosystem, and enhancing market resilience and efficiency to maintain Hong Kong's status as an international financial hub [2]