Understanding the Market | Hong Kong Stock Exchange rises over 4% officially launches "Technology Enterprise Special Line" institutions expect trading activity to accelerate in the medium to long term

Zhitong
2025.05.07 01:57
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Hong Kong Stock Exchange rose over 4%, as of the time of writing, it increased by 3.95%, reported at HKD 373.4, with a transaction volume of HKD 1.477 billion. On the news front, on May 6, the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange's wholly-owned subsidiary Hong Kong Exchanges and Clearing Limited (HKEX) issued a joint announcement, officially launching the "Specialized Technology Company Channel" to further facilitate the listing applications of specialized technology and biotechnology companies, allowing these companies to submit listing applications confidentially. Notably, the significant meeting released multiple positive signals. Additionally, on May 7, a spokesperson for the Ministry of Commerce answered reporters' questions regarding the high-level economic and trade talks between China and the United States. The Ministry of Commerce stated that based on fully considering global expectations, China's interests, and the calls from the U.S. industry and consumers, China decided to agree to engage with the U.S. side. Recent research reports from DBS indicated that due to the increase in southbound investors, the revaluation of the technology sector, potential supportive policies from the Chinese government, and expectations of interest rate cuts by the Federal Reserve, trading activities are expected to accelerate in the medium to long term, maintaining a "buy" rating for the Hong Kong Stock Exchange

According to Zhitong Finance APP, the Hong Kong Stock Exchange (00388) rose over 4%, and as of the time of writing, it is up 3.95%, priced at HKD 373.4, with a trading volume of HKD 1.477 billion.

On the news front, on May 6, the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange's wholly-owned subsidiary, Hong Kong Exchanges and Clearing Limited (HKEX), issued a joint announcement to officially launch the "Specialized Technology Company Line" to further facilitate the listing applications of specialized technology companies and biotechnology companies, allowing these companies to submit listing applications confidentially.

It is noteworthy that the significant meeting released multiple positive signals. Additionally, on May 7, a spokesperson for the Ministry of Commerce answered reporters' questions regarding the high-level economic and trade talks between China and the United States. The Ministry of Commerce stated that based on fully considering global expectations, China's interests, and the calls from the U.S. industry and consumers, China has decided to agree to engage with the U.S. side. Recent research reports from DBS indicate that due to the increase in southbound investment, the revaluation of the technology sector, potential supportive policies from the Chinese government, and expectations of interest rate cuts by the Federal Reserve, trading activity is expected to accelerate in the medium to long term, maintaining a "buy" rating for the Hong Kong Stock Exchange

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