Hong Kong will launch a new channel on the stock exchange designed to expedite listings of tech companies, the latest move by the fundraising hub to boost attractiveness amid rising appetite of Chinese companies to raise funds offshore.
HKEX is to establish a dedicated "technology enterprises channel", Hong Kong's Financial Secretary Paul Chan said on Wednesday.
The channel will facilitate specialist technology and biotechnology companies' listings in Hong Kong, particularly those already listed in the mainland, Chan said while delivering his 2025-26 budget.
The market's watchdog Securities and Futures Commission is working with the exchange to enable a smoother application process, he added.
The announcement comes as Chinese companies, mainly those in the tech sector, accelerate plans to raise funds offshore, tapping into a rebound in investor sentiment fuelled by hopes of Beijing's support for private firms and the popularity of DeepSeek.
Regulators in mainland China and Hong Kong have told some of the world's biggest investment banks to help speed up Chinese companies' listings in the city, Reuters reported in December citing sources.
The city exchange officials urged bankers during meetings in October to identify bottlenecks in the listing application process of Chinese firms and share specific examples, sources said at that time.
The city bourse reports it's full year earnings on Thursday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。