Paul Chan: Hong Kong Listing Regime Moves with the Times to Facilitate Listings by Different Types of Tech Firms

Financial Secretary Paul Chan says Hong Kong's listing regime must keep pace with real economic development and move with the times to facilitate listings by different types of technology companies, while stressing that the Securities and Futures Commission and Hong Kong Exchanges and Clearing will not relax regulation. Hong Kong Exchanges and Clearing revealed that TMT and artificial intelligence-related companies have accounted for about 70 per cent of total funds raised in Hong Kong IPOs so far this year.