Hong Kong Exchanges and Clearing (HKEX)

Hong Kong’s US dollar gold futures trading hit a record high with 6,676 contracts traded, driven by a fee waiver and efforts to establish the city as an international gold trading hub. The previous record of 3,039 contracts was set in November 2022.

Over 430 mainland Chinese companies are waiting for approval to list on the Hong Kong stock exchange, with many at risk of having their initial public offering (IPO) applications expire due to delays from the mainland securities regulator. Companies like Qiandama and EVE Energy are among those affected.

Over 430 mainland Chinese companies are waiting for approval to list on Hong Kong's stock exchange, risking expired applications. Examples include Qiandama and EVE Energy.

HKEX is expanding into the index business by launching a new ETF tracking its HKEX Tech 100 Index, aiming to address the lag of traditional market gauges during the AI-driven technology rally. The ETF will debut on Friday, following the index's launch on December 9.

HKEX is expanding into the index business by launching proprietary benchmarks and investment products, including an ETF tracking its HKEX Tech 100 Index, as traditional market gauges lag in the AI-driven technology rally.

Global investors remain committed to Chinese technology companies despite concerns over SpaceX's record-breaking IPO affecting Asian market liquidity, according to HKEX CEO Bonnie Chan Yiting. She emphasized continued institutional interest in Asia and China as key investment destinations.

Hong Kong has become the top listing choice for tech firms as Asia rises in global innovation, according to HKEX CEO Bonnie Chan Yiting. Over HK$166 billion was raised via IPOs in the first five months, with daily trading turnover averaging HK$293 billion in May, showing significant growth.

Charles Li Xiaojia, the longest-serving CEO of Hong Kong Exchanges and Clearing (HKEX), played a pivotal role in connecting Hong Kong's financial market with Chinese and global capital through initiatives like the Stock Connect schemes. His career, spanning from offshore oil work in China to leading JPMorgan Chase’s China division, reflects China’s economic opening.

Hong Kong is positioning itself as a prime destination for Central Asian companies seeking secondary listings to fund expansion, leveraging its deep liquidity. HKEX CEO Bonnie Chan Yiting highlighted this during a planned June delegation to Kazakhstan and Uzbekistan with Hong Kong's Chief Executive John Lee Ka-chiu.