Paul Chan: Hong Kong is a safe haven for investors' funds

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Deep Tide TechFlow message, April 05, Hong Kong Special Administrative Region government Financial Secretary Paul Chan Mo-po said in a blog on the 5th that in March, the average daily trading value of Hong Kong stocks exceeded 300B yuan (Hong Kong dollars, the same below), up by more than 8% from the same period last year. This reflects that Hong Kong, as a reliable safe haven for capital, along with stable growth in the Mainland China economy and a large number of high-quality companies listing in Hong Kong, provides investors with abundant investment opportunities. Chan Mo-po said that as of March 27, the amount of funds raised in Hong Kong’s IPO (initial public offering) this year had already exceeded 103B yuan, ranking first globally; together with subsequent fundraisings and so on, the total fundraising scale was about 237B yuan. More importantly, the number of companies listing in Hong Kong that are focused on emerging industries is increasing. At present, the number of application cases waiting in the queue for listing in Hong Kong has already exceeded 500. It can be said that more and more companies view Hong Kong as an important window for financing and “going global” development.

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