同时，他表示，技术是确保我们具备这种能力的关键。作为全球交易所，科技是港交所为利益相关者创 造价值的方式。我们提供平台，助力市场繁荣，市场参与者在各种宏观环境下竞争。人工智能时代，交 易所需利用创新技术，在波动的商业环境中更具韧性和动态性。 责任编辑：郝欣煜 11月28日至29日，深交所联合港交所、广期所，围绕"迈向人工智能+时代"主题，共同举办2025年大湾 区交易所科技大会。港交所集团首席资讯总监梁松光出席会议并做"迈进人工智能新纪元"的主题演讲。 梁松光谈到，过去一年，我们市场交易量创下新高。事实上，历史上最活跃的20个交易日全部发生在 2024年9月之后的12个月内。这也提醒我们，全球宏观波动不仅意味着交易所要"穿越低谷"，也要有能 力"把握高峰"。 专题：2025年大湾区交易所科技大会 ...

据介绍，作为香港交易所集团在内地的技术子公司，港交所科技(深圳)有限公司主要为集团及其附属公 司提供计算机软件硬件、信息系统的开发、应用管理和维护服务。自2016年成立以来，港交所科技(深 圳)有限公司团队不断壮大，技术实力不断提升，已经具备运营维护集团核心关键系统的能力并参与集 团新一代技术平台——领航星衍生产品平台的开发工作。 校对：盘达 "比如，我们已经将人工智能技术应用于日常的办公运营，节省了很多处理文档和信息整理的时间，提 升了办公效率；上市科在审阅上市公司年报的过程中也采用了一些人工智能技术，可以更高效地识别信 息披露违规的情况。"除此之外，陈翊庭还指出，香港交易所也正在探索利用人工智能推动金融监管数 智化转型，比如：能不能用人工智能来帮助提高发行审核工作的效率？能不能用人工智能来辅助监测股 价异动、提高监管效率？ "我们很幸运，身处大湾区这片科技创新的热土，这里有全国领先的金融科技，这里有出类拔萃的科技 人才，这里有实力优秀的金融同业。"陈翊庭表示，未来，香港交易所将继续善用大湾区的科技和人才 优势加快创新、提升效率，通过科技赋能优化服务，提升香港金融市场的国际竞争力。 值得注意的是，香港交易所 ...

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) is navigating an unprecedentedly fast-changing market environment characterized by geopolitical shocks and technological advancements, particularly in artificial intelligence, which is reshaping the global financial services industry [1] Group 1: Technological Advancements - HKEX has recognized the importance of technology empowerment, implementing various strategic initiatives over the past two years to enhance service optimization and market efficiency, heavily relying on fintech, cloud computing, big data, and artificial intelligence [1][2] - The application of artificial intelligence in daily operations has significantly improved office efficiency by saving time in document processing and information organization, and it has also been utilized in reviewing annual reports to identify disclosure violations more effectively [2] Group 2: Future Directions - HKEX is exploring the use of artificial intelligence to enhance financial regulatory efficiency, including improving the efficiency of issuance reviews and monitoring stock price fluctuations [2] - The exchange aims to leverage the technological and talent advantages of the Greater Bay Area to accelerate innovation and enhance the international competitiveness of Hong Kong's financial market [2][3] Group 3: Strategic Focus - Technology empowerment is a strategic priority for HKEX, with a focus on enhancing services and competitiveness in the rapidly transforming financial industry, emphasizing the importance of technology talent as a foundation for this empowerment [3] - HKEX Technology (Shenzhen) Co., Ltd. has been established as a key subsidiary in mainland China, providing software and information system development and maintenance services, and has grown significantly since its inception in 2016 [3]

Core Insights - The report by Ernst & Young highlights that the A-share and Hong Kong IPO markets accounted for 16% and 33% of the global total in terms of IPO quantity and fundraising amount respectively [1] - The A-share market showed steady progress, while the Hong Kong Stock Exchange led globally with a fundraising amount of $36 billion [1] Group 1: A-share Market Performance - In 2025, the A-share IPO market achieved moderate growth with a significant increase in fundraising scale, with the average IPO fundraising amount rising over 50% to 1 billion yuan [4] - The number of IPOs in the industrial, technology, and materials sectors ranked highest, while the energy sector saw a rise in fundraising scale [4] - The core characteristic of the reported companies was technological innovation, marking a shift from quantity-driven to quality-driven growth in the A-share IPO market [4][7] Group 2: Hong Kong Market Recovery - The Hong Kong IPO market experienced a strong recovery, with fundraising exceeding 200 billion HKD, marking the second-highest level in five years [5] - Over 20 A-share companies are expected to list in Hong Kong, raising more than 170 billion HKD, with large IPOs being a key driver of this resurgence [5][6] - The industrial and retail consumption sectors dominated the top IPOs, particularly in the fields of new energy vehicles and advanced manufacturing [5][6] Group 3: Market Trends and Future Outlook - The report indicates that 2025 marks the beginning of a new decade for the interconnected capital markets of mainland China and Hong Kong, with a focus on deepening cooperation and enhancing market efficiency [7] - The A-share market is expected to maintain a steady pace of growth, with a focus on strategic emerging industries such as AI, robotics, semiconductors, and renewable energy [7] - The Hong Kong IPO market is anticipated to remain active, with a structural deepening trend, particularly in the A+H model and the return of Chinese concept stocks [7][8]

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) is adapting to rapid market changes and leveraging technology, particularly artificial intelligence (AI), to enhance operational efficiency and regulatory effectiveness [1][2] Group 1: Market Environment and Challenges - The current market environment is characterized by rapid changes, geopolitical adjustments, and increased volatility, which pose challenges and provide new development mechanisms for financial market participants [1] - The breakthrough in AI technology this year is accelerating its application across various industries, significantly altering production and lifestyle, and leading global capital markets into a new phase of "AI+" [1] Group 2: Technological Integration and Efficiency - HKEX has integrated AI into daily operations, significantly reducing time costs associated with routine tasks and improving office efficiency [2] - The application of AI in reviewing annual reports of listed companies has enhanced the identification efficiency and accuracy of information disclosure violations [2] - HKEX is exploring AI applications in the digital transformation of financial regulation, aiming to improve the efficiency of issuance reviews and strengthen regulatory effectiveness through AI-assisted oversight [2] Group 3: Regional Advantages and Future Plans - The Guangdong-Hong Kong-Macao Greater Bay Area is recognized as a hub for technological innovation, possessing leading financial technology infrastructure, top-tier talent, and skilled financial professionals, which are core advantages for its development [2] - HKEX plans to leverage the technological and talent resources of the Greater Bay Area to accelerate innovation, enhance market operational efficiency, and optimize service systems through financial technology, thereby strengthening Hong Kong's international competitiveness in the financial market [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 陈翊庭强调，近两年来，香港交易所推出了很多优化服务，提升市场效率和活力的战略举措。这些举措 大都离不开金融科技，离不开云计算、大数据和人工智能等先进的信息技术。比如我们已经将人工智能 技术应用于日常的办公运营，节省了很多处理文档和信息整理的时间，提升了办公效率。在审阅上市公 司年报的过程中，也采用了人工智能，更高效地识别信息披露违规的情况。除此以外，港交所也正在探 索利用人工智能推动金融监管数字化转型，比如用人工智能来帮助提高发行审核工作的效率，用人工智 能来辅助监测股价异动，提高监管效率。 责任编辑：郝欣煜 陈翊庭称，当前我们正处在一个前所未有、快速变化的市场环境中，地缘政治冲击不断，市场波动加 剧，科技正在重塑全球金融服务，这给所有金融市场的建设者和参与者都带来了新的挑战和机遇，特别 是今年以来，人工智能技术取得了重大突破，资本市场也在迈入人工智能+时代，香港交易所也越来越 深刻体会到了科技赋能的重要性。 专题：2025年大湾区交易所科技大会 2025年大湾区交易所科技大会11月28日在深交所开幕。香港交易所集团行政总裁陈翊庭在致辞中表示， 港交所将探索人 ...

展望未来，陈翊庭表示，香港交易所将继续善用大湾区科技和人才优势，加快创新，提升效率，通过科 技赋能优化服务，提升香港金融市场的国际竞争力。 责任编辑：郝欣煜 陈翊庭称，当前我们正处在一个前所未有、快速变化的市场环境中，地缘政治冲击不断，市场波动加 剧，科技正在重塑全球金融服务，这给所有金融市场的建设者和参与者都带来了新的挑战和机遇。特别 是今年以来，人工智能技术取得了重大突破，资本市场也在迈入人工智能+时代，香港交易所也越来越 深刻体会到了科技赋能的重要性。 专题：2025年大湾区交易所科技大会 2025年大湾区交易所科技大会11月28日在深交所开幕。香港交易所集团行政总裁陈翊庭在致辞中表示， 资本市场正在迈入"人工智能+"时代，通过科技赋能提升香港金融市场的国际竞争力。 ...

人民财讯11月28日电，11月28日至29日，2025年大湾区交易所科技大会在深交所举行，港交所行政总裁 陈翊庭表示，当前科技正在重塑全球金融服务，这给所有金融市场的建设者、参与者都带来了新的挑战 和机遇。今年以来，人工智能技术取得了重要突破，正在各个行业加速落地应用。香港交易所也越来越 深刻体会到了科技部门的重要性，并推出了很多优化服务，提升市场效率。这些举措均离不开金融科技 这个最重要的帮手。未来香港交易所将继续利用大湾区科技和人才优势，加快创新，提升效率，提升香 港金融市场的国际竞争力。 （原标题：港交所行政总裁陈翊庭：以科技创新提升香港金融市场国际竞争力） ...

2025年大湾区交易所科技大会11月28日在深交所开幕。香港交易所集团行政总裁陈翊庭在致辞中表示， 科技正深刻改变全球金融服务格局，今年以来人工智能技术的重大突破与加速落地，不仅改变了大众生 活，也推动金融市场迈入 "人工智能 +" 时代。 责任编辑：郝欣煜 登录新浪财经APP 搜索【信披】查看更多考评等级 港交所作为金融市场的建设者与参与者，近两年来推出的一系列优化服务。在具体应用层面，港交所已 将人工智能技术应用于日常办公运营，有效节省了文档处理与信息整理的时间，显著提升了办公效率； 港交所上市科在审阅上市公司年报过程中，也通过人工智能技术更高效地识别信息披露违规情况。此 外，港交所正积极探索利用人工智能推动金融监管数字化转型，研究如何通过人工智能提高发行审核工 作效率、辅助监测市场异动，进而提升监管效能。 专题：2025年大湾区交易所科技大会 陈翊庭表示，大湾区拥有全国领先的金融科技、出类拔萃的科技人才以及实力优秀的金融同业。未来， 港交所将继续善用大湾区的科技与人才优势，加快创新步伐，提升服务效率，通过科技赋能优化金融服 务，进一步增强香港金融市场的国际竞争力。（新浪财经香港站） ...

Core Insights - The report by Ernst & Young indicates a growth trend in IPO activities in mainland China and Hong Kong, with A-shares and Hong Kong markets accounting for 16% and 33% of global totals respectively [1] - The Hong Kong Stock Exchange leads globally with a fundraising amount of $36 billion, surpassing major markets like New York and Nasdaq [1] - A-shares are expected to see moderate growth in 2025, with average fundraising amounts increasing by over 50% year-on-year to reach 1 billion yuan [1] Group 1: A-share Market Insights - The A-share market is maintaining a steady operational rhythm, with significant contributions from large IPOs, leading to a notable increase in the proportion of billion-yuan IPOs [1] - The average return rate for newly listed stocks this year reached 253%, with no instances of first-day price drops [1] - Regulatory policies such as the "827" new rules and the "Nine New National Policies" have contributed to a decline in new stock issuance price-to-earnings ratios to a five-year low [1] Group 2: Hong Kong Market Insights - The Hong Kong IPO market is expected to recover strongly in 2025, with fundraising projected to exceed 200 billion HKD, driven by large IPO projects [1] - Over 20 A-share companies are anticipated to list in Hong Kong, raising more than 170 billion HKD collectively [1] - The average fundraising scale for IPOs is expected to increase by 137% compared to the previous year, marking the second-highest level in five years [1] Group 3: Future Trends and Market Dynamics - The collaboration between mainland and Hong Kong capital markets is expected to deepen, enhancing institutional cooperation and market connectivity [2] - A-share IPOs are likely to gradually return to normalized issuance, focusing on quality and structural improvements [2] - The Hong Kong market is projected to maintain high activity levels, with a structural deepening characteristic, particularly in the A+H model and the return of Chinese concept stocks [2] Group 4: Sector-Specific Insights - The A-share market is expected to see an increase in financing from hard technology sectors, with clearer market segmentation [3] - For the Hong Kong IPO market in 2026, key supporting sectors include biotechnology, specialized technology companies, traditional industry upgrades, and new consumer brands from mainland China [3] Group 5: Hong Kong's Role in Internationalization - Hong Kong serves as a vital bridge for mainland companies seeking international exposure, benefiting from a robust base of international institutional investors [4] - The flexibility of Hong Kong's regulatory framework enhances its attractiveness as a listing destination for mainland enterprises [4] - The trend of Hong Kong-listed companies returning to A-shares is gaining momentum, driven by policy support and valuation differences between markets [4]