Group 1 - The core viewpoint of the article emphasizes that by 2026, Chinese companies are shifting their focus towards globalization, with the Hong Kong Stock Exchange (HKEX) playing a crucial role in this transition [2] - Many internet and cross-border e-commerce companies are choosing to list in Hong Kong due to the alignment of international investors with overseas business perspectives, leading to more reasonable valuations [2] - Listing in Hong Kong not only serves as a means to raise capital but also provides a strong endorsement for companies seeking licenses and local promotion overseas [2] Group 2 - Zhipu officially listed on the HKEX on January 8, 2026, reporting a significant revenue increase from 124.54 million RMB in 2023 to 312.41 million RMB in 2024, marking a growth of approximately 151.61% [3] - Despite the revenue growth, Zhipu is currently in a loss position due to substantial R&D investments, with net losses of 29.58 billion RMB in 2024 and 23.58 billion RMB in the first half of 2025 [3] - MiniMax, which listed on January 9, 2026, achieved a revenue of approximately 30.52 million USD in 2024, a nearly eightfold increase from 3.46 million USD in 2023, with a revenue of 53.44 million USD in the first three quarters of 2025 [7] Group 3 - Haima Cloud submitted its second listing application to the HKEX on January 30, 2026, focusing on providing cloud computing support for gaming and real-time interactive video [9] - The company reported a revenue of 520 million RMB in 2024, nearly doubling from 290 million RMB in 2022, with a revenue of 580 million RMB in the first ten months of 2025 [9] - Ugreen, after listing on the Shenzhen Stock Exchange, submitted its application to the HKEX, reporting a revenue of approximately 6.17 billion RMB in 2024, with a significant increase to 6.36 billion RMB in the first three quarters of 2025 [12] Group 4 - WOOK submitted its listing application to the HKEX on January 20, 2026, showcasing a revenue of 1.05 billion RMB in 2024, a year-on-year growth of approximately 15.5%, with over 880 million RMB in revenue in the first three quarters of 2025 [14] - The article indicates that the HKEX is becoming a vital platform for Chinese companies to connect with international capital and enhance brand influence [16] - The trend of Chinese companies going global is expected to continue, with a focus on technology barriers and global operational capabilities, providing investors with diversified options [17]

As filed with the Securities and Exchange Commission on October 9, 2025 Registration No. 333-289688 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Amendment No. 1 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LINKAGE GLOBAL INC (Exact name of registrant as specified in its charter) Cayman Islands 5961 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identificati ...

Core Insights - The 2025 Cross-Border E-Commerce Annual Meeting was held in Zhuhai, focusing on high-quality development and opportunities in cross-border e-commerce [1] - Guangdong's cross-border e-commerce import and export volume reached 745.4 billion yuan in 2024, marking a 66-fold increase over nine years, with an average annual growth rate exceeding 60% [2] - The establishment of industrial parks in the Guangdong-Macao Cooperation Zone is fostering the growth of leading cross-border e-commerce enterprises [2] - A report on the overseas development of Chinese private enterprises and a high-quality development index for cross-border e-commerce were launched during the event [3] Industry Developments - The event highlighted the importance of air logistics and supply chains in enhancing cross-border e-commerce [4] - China Southern Airlines has transported over 700 million cross-border e-commerce parcels since 2022, with plans to strengthen air cargo capacity [5] - SF International proposed a "dual-engine model" combining hard infrastructure and soft services to enhance supply chain solutions [6] Supporting Activities - The event included activities such as the Greater Bay Area Premium Products Live Streaming Night and site visits to promote industry collaboration [7]

As filed with the Securities and Exchange Commission on August 18, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LINKAGE GLOBAL INC (Exact name of registrant as specified in its charter) Cayman Islands 5961 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) 2-23-3 Minami-Ikebukuro, Toshima-ku Tokyo, Japan 171-0 ...