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Core Viewpoint - The Hong Kong government is implementing significant reforms in the financial market, including the "Typhoon No Trading" policy, to enhance market operations during adverse weather conditions and improve competitiveness with international markets [1]. Summary by Relevant Sections - Market Performance: As of mid-July 2023, Hong Kong has seen 52 IPOs, a 30% increase year-on-year, raising a total of 124 billion HKD, which is a 590% increase compared to the previous year, making it the top global market for IPOs. The Hang Seng Index has risen by 25.3% this year [1]. - Future Initiatives: The Hong Kong government plans to continue improving listing systems and promote stock market liquidity to attract more high-quality global enterprises to list in Hong Kong, thereby enhancing its appeal and vitality as a listing location [1]. - Consultation for Policy Report: The government is currently consulting on a new policy report, aiming to integrate insights from government, businesses, experts, and the public to drive Hong Kong's development forward [1].