Techub News reports that the Financial Secretary of the Hong Kong SAR Government, Paul Chan, posted a blog stating that in terms of new stock listings, Hong Kong's IPO market continued its strong performance from last year in the first quarter of this year. As of March 27, the amount raised has exceeded HKD 103 billion, ranking first globally; including subsequent financing, the total fundraising scale is approximately HKD 237 billion. More importantly, an increasing number of companies listed in Hong Kong belong to emerging industries—artificial intelligence, semiconductors, robotics, autonomous driving, biotechnology, and more. Currently, there are over 500 applications pending for listing in Hong Kong. It can be said that as the external environment becomes more uncertain, more companies see Hong Kong as an important window for financing and "going overseas" development.