Group 1 - The Hong Kong government is cautiously optimistic about the market in the Year of the Horse, citing that three out of the last four Horse Years experienced double-digit percentage gains [2][4] - The Hong Kong Stock Exchange (HKEX) currently has 488 companies in the IPO application queue, with 24 IPOs completed in 2026, raising over 87 billion HKD [5][7] - HKEX aims to diversify its offerings by expanding into fixed income, currency, and commodity businesses to meet international investors' needs and support the internationalization of the RMB [9][10] Group 2 - The Hong Kong market is expected to benefit from its unique position under "One Country, Two Systems," enhancing its role as a financial hub connecting issuers and investors globally [5][9] - The HKEX has seen record daily trading volumes, exceeding 3,000 billion HKD recently, and plans to enhance listing systems and trading mechanisms [7][9] - The exchange is committed to continuous market reforms, including reviewing the "same share, different rights" framework to attract more tech companies to list in Hong Kong [4][5]

Group 1 - The Financial Secretary of Hong Kong, Paul Chan, expresses cautious optimism for the market in the Year of the Horse, citing that three out of the last four Horse Years experienced significant market gains [2][4] - The Hong Kong Stock Exchange (HKEX) currently has 488 companies in the IPO application queue, indicating a vibrant market with increasing activity [6][8] - HKEX aims to expand its offerings in fixed income, currency, and commodity sectors to meet the diverse needs of international investors and contribute to the internationalization of the Renminbi [6][11] Group 2 - The HKEX has completed 24 IPOs in 2026, raising over 87 billion HKD, with a daily trading volume that has recently exceeded 3,000 billion HKD [8][6] - The government plans to continue market reforms, including reviewing the "same share, different rights" framework to attract more tech companies to list in Hong Kong [5][4] - The HKEX is focused on enhancing its international appeal by developing a comprehensive ecosystem for fixed income, currency, and commodity markets, aiming for a significant expansion in market size [11][12]