Paul Chan: HK sees pipeline of frontier tech listings as new-economy stocks drive 30% market turnover
發佈日期: 2026-01-04 20:19
TVB News
Financial Secretary Paul Chan says "new-economy" companies listed in Hong Kong now account for around 30 percent of the city's total market turnover, adding that a steady stream of frontier tech firms is expected to seek listings this year.
In a blog post, Paul Chan wrote that leading GPU or graphics processing unit developer Biren Intelligent Technology became the first company to go public in Hong Kong in 2026. Recognised as one of China's "four little dragons" in the GPU sector, Biren is also the first GPU stock listed in Hong Kong.
As of the end of last year, more than 400 new-economy companies were listed in the city.
While they only make up 15 percent of the total number of listed firms, they account for roughly 30 percent of overall market cap and turnover.
Apart from welcoming these firms to raise funds in Hong Kong, Chan says the government also encourages them to establish operations, manufacturing facilities and research centres in Hong Kong -- or set up regional and international headquarters in the SAR.
He notes that Biren Tech was first introduced to Hong Kong in 2023, following his visit to Shanghai that year.
