At the Global Wealth Management Forum • 2026 Shanghai Suhe Bay Summit, Xu Jingwei, who leads Global Listings at Hong Kong Exchanges and Clearing Limited (HKEX), disclosed that technology, media, and telecommunications (TMT) as well as artificial intelligence (AI) firms have exhibited robust financing activities in Hong Kong this year. Specifically, these sectors have contributed to 70% of the total IPO fundraising on the Hong Kong stock market and approximately half of all equity and equity-linked offerings. Furthermore, among mainland Chinese companies that have gone public in Hong Kong this year, roughly 60% already generate revenue overseas, with some firms seeing their international revenue exceed 50% of their total income. In recent years, nearly 80% of Hong Kong IPOs have drawn participation from international cornerstone investors hailing from the United States, Europe, the Middle East, and the Asia-Pacific region.