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🔥Hong Kong Financial Secretary: Financing by listed platforms exceeded HKD 103 billion in the first quarter, with emerging industries such as artificial intelligence flocking to Hong Kong
On April 5, the Financial Secretary of the Hong Kong SAR Government published a ministerial essay summarizing the economy in the first quarter of 2026. Trading in the Hong Kong market was active; in the first two months of this year, average daily trading value exceeded HKD 260 billion, up 17% year on year. Market conditions were even more active in March: average daily trading value for Hong Kong stocks exceeded HKD 300 billion, up more than 8% compared with the same period last year. Investors increased their asset allocation in Hong Kong, viewing it as a reliable safe haven for capital, and also due to the stable growth of the mainland economy and the listing of a large number of high-quality companies in Hong Kong, which provides abundant investment opportunities. Global competition in cutting-edge technologies such as artificial intelligence is entering a white-hot stage and requires substantial funding support. Hong Kong’s listed platforms play a key role. In the first quarter of this year, the IPO market continued the strong momentum from last year; as of March 27, funds raised…