More regional firms listing in Hong Kong this year

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Secretary for Financial Services and the Treasury Christopher Hui Ching-yu. SING TAO
Secretary for Financial Services and the Treasury Christopher Hui Ching-yu. SING TAO

Hong Kong will continue to see more quality issuers from different regions apply for a listing in the city this year, says Secretary for Financial Services and the Treasury Christopher Hui Ching-yu.

Hui said it is very attractive for issuers to list in the city as the Hong Kong government will promote the development of the financial market along different fronts, alongside the inclusion of international enterprises in the Shanghai-Hong Kong Stock Connect.

The average daily turnover of Hong Kong stocks last year exceeded HK$130 billion, an increase of about 26 percent year-on-year, with the amount of capital raised from new stock listings up about 90 percent, he added.

STAFF REPORTER

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