Core Insights - The event "Rongyi Shang" aims to facilitate Chengdu enterprises in going public in Hong Kong, showcasing the city's commitment to enhancing international competitiveness and expanding financing channels for companies in sectors like biomedicine, technology, and consumer goods [3][4][24] - The event attracted over 300 participants, including government officials, financial institutions, and media representatives, to discuss opportunities for Chengdu enterprises to list in Hong Kong [3][24] Group 1: Event Overview - The event was held on October 22, 2023, at the Chengdu Jiaozi International Hotel, organized by various local financial and economic development bodies with support from major firms like Deloitte China and CICC [1][3] - The format included a main forum for discussions and sub-forums for targeted networking, emphasizing the importance of comprehensive support for enterprises throughout their listing journey [3][6] Group 2: Government and Institutional Support - Chengdu's government is focused on leveraging Hong Kong's capital market to support local innovation and enterprise growth, implementing a full lifecycle service plan for companies aiming to go public [4][24] - The "Rongyi Shang" platform provides ongoing support for enterprises, including activities that cover the entire process from discovery to post-listing development [6] Group 3: Market Insights and Expert Contributions - Hong Kong is currently experiencing a surge in IPO activity, with the Hong Kong Stock Exchange raising $23.4 billion in IPO funds as of September 30, 2023, making it the world's leading IPO exchange [9] - Experts from various institutions provided insights on the challenges faced by companies in navigating foreign capital markets, including compliance and regulatory issues [7][11] Group 4: Sector-Specific Networking - The event featured specialized sessions for biomedicine and technology/consumer sectors, allowing companies to engage directly with legal and financial experts to discuss their specific needs and strategies for entering the Hong Kong market [18][22] - Representatives from successful Chengdu companies shared their experiences and strategies for overcoming challenges in the international capital market [23]