证券时报记者 陈霞昌 5月18日，香港特区政府财政司司长陈茂波在最新发表的网志中表示，环顾全球主要市场，资金正逐渐 向引领创新的龙头创科企业，以及具战略价值的未来产业汇聚。陈茂波称，国际资金流向一方面揭示投 资者对未来发展趋势的判断和布局，另一方面也是市场情绪的温度计，反映市场对政经局势的评估。 陈茂波表示，本月初港元汇率持续偏强，贴近7.75港元兑1美元，并四度触发"强方兑换保证"，金管局 多次承接了市场的美元沽盘，合共向市场注入约1290亿港元。资金流入令流动性充裕，香港本地银行同 业拆息回落。与按揭利率密切相关的一个月期拆息近期便由4厘降至约1.3厘水平。然而，资金流向和利 率走势受多个内外因素影响而存在变数，香港特区政府和监管部门会继续密切监察市场变化，维持金融 稳定。 陈茂波表示，国际资金流向一方面揭示投资者对未来发展趋势的判断和布局，另一方面亦是市场情绪的 温度计，反映市场对政经局势的评估。市场目前除了担心美国的单边主义政策冲击全球经济，影响未来 增长前景外，亦忧虑美国政府债务所引发的长期利率上行风险。 今年以来，港股震荡向好。虽然因关税战影响港股在4月初曾一度受压，其后震荡向上。恒生指数上周 五 ...

Group 1 - CATL, a mainland electric vehicle battery manufacturer, is set to go public in Hong Kong, marking the largest IPO fundraising activity globally this year, with a total capital raised exceeding HKD 60 billion, a year-on-year increase of over 6 times [1] - The base issuance scale for CATL is 117.9 million shares, with an additional 17.7 million shares available for adjustment, aiming to raise USD 4.6 billion [1] - As of April this year, over 130 companies are queued for listing in Hong Kong, including notable firms like Cao Cao Mobility and JD Industrial [1] Group 2 - The Hong Kong stock market has shown resilience, with the Hang Seng Index rising approximately 16% this year, outperforming other major markets [1] - Average daily trading volume in April exceeded HKD 270 billion, representing a 1.4 times increase compared to the same period last year [1] - Total bank deposits in Hong Kong reached nearly HKD 18 trillion as of March, with a cumulative increase of 3.5% this year following a 7% rise last year [1] Group 3 - The Big Four accounting firms have a positive outlook for Hong Kong's IPO market, predicting that the total fundraising amount will rank among the top three globally this year [3] - Approximately 30 companies are planning A+H listings in Hong Kong, with over 30 Chinese concept stocks returning to Hong Kong after being listed in the US [3] - Deloitte forecasts that 80 new stocks will be listed in Hong Kong this year, raising between HKD 130 billion and HKD 150 billion, while KPMG predicts 70 to 80 companies will list, with fundraising amounts between HKD 130 billion and HKD 160 billion [3]

Core Viewpoint - The article emphasizes the increasing flow of international funds towards innovative leading technology companies and strategically valuable future industries, reflecting investor sentiment and market assessments of political and economic situations [1][2]. Group 1: Market Trends - The Hong Kong dollar has remained strong, nearing 7.75 HKD to 1 USD, leading to the Hong Kong Monetary Authority injecting approximately 129 billion HKD into the market [1]. - The Hang Seng Index has shown a year-to-date increase of about 16%, outperforming other major markets, with average daily trading volume in April exceeding 270 billion HKD, a 1.4 times increase compared to the same period last year [1][2]. Group 2: New Stock Market Activity - The upcoming listing of a prominent mainland new energy company on May 20 is expected to be the largest IPO globally this year, contributing to a total of over 60 billion HKD in new stock fundraising in Hong Kong, which is more than six times the amount from the previous year [2]. Group 3: Government Initiatives - The Hong Kong government aims to attract global research elites, leading technology companies, and outstanding startups, while enhancing financing channels to support technological innovation and create quality employment opportunities [3]. - The Hong Kong Investment Management Company is actively investing in over 100 projects, leveraging each 1 HKD investment to attract 4 HKD in long-term market capital, thereby fostering the technology innovation ecosystem [3].

Group 1 - The Hong Kong government is observing a global trend where funds are increasingly flowing towards leading innovative technology companies and strategically valuable future industries, indicating investor sentiment and market assessments of political and economic situations [1][2] - The Hong Kong dollar has remained strong, triggering the "strong-side convertibility guarantee" multiple times, leading to an injection of approximately 129 billion HKD into the market, resulting in increased liquidity and a drop in interbank rates [1] - The Hang Seng Index has shown a positive trend, with a year-to-date increase of about 16%, outperforming other major markets, and trading volume has significantly increased, with an average daily turnover exceeding 270 billion HKD in April, a 1.4 times increase compared to the same period last year [1] Group 2 - The IPO market in Hong Kong is thriving, with a notable listing of a mainland renewable energy leader, marking the largest IPO globally this year, contributing to a total fundraising amount exceeding 60 billion HKD, a more than sixfold increase compared to the previous year [2] - The Hong Kong government aims to attract global research elites, leading technology companies, and outstanding startups, while enhancing financing channels to support technological innovation and create diverse quality employment opportunities [3] - The Hong Kong Investment Management Company is playing a crucial role in providing "patient capital" to support the local tech ecosystem, having invested in over 100 projects and leveraging each HKD investment to attract 4 HKD in long-term capital [3]

环顾全球主要市场，陈茂波表示，资金正逐渐向引领创新的龙头创科企业，以及具战略价值的未来产业 汇聚。香港正不断加强"金融+创科"的双引擎联动发展，大力培育具潜力的创科企业，并推动金融市场 的更全面发展，让两者相辅相承、相互促进，把香港国际金融中心和国际创科中心的发展，推上新的台 阶。 香港在推动创科研发与成果转化、支持科企成长，以及吸引重点企业落户等工作，成果愈见明显。香港 的愿景是把全球科研精英、创科龙头企业，以及优秀的初创和创业者汇聚于此。与此同时，香港不断打 造更畅通和全面的筹融资渠道，让资本要素更好支撑科技创新，为经济增添新动能，为市民创造更多元 优质的就业。这条融资链可分为不同阶段：前期须风投基金、主权基金等"耐心资本"的力量支持，而中 后期则主要以私募基金、并购、上市集资和再融资等不同渠道接力完成。 除了政策层面的引导，香港特区政府正透过香港投资管理有限公司（港投公司）发挥"耐心资本"的力 量，包括"投早、投小、投硬科技"等策略，支持香港创科生态圈的构建，为加速培育新质生产力及高质 量发展作积极贡献。港投公司目前已投资超过100个项目，并成功透过每1元的投资拉动4元的市场长期 资本跟投，汇聚更多国际 ...