April 15, 2026 – During a recent event, Chief Executive of the Hong Kong Special Administrative Region, John Lee, revealed some noteworthy data that has caught the attention of the financial and tech communities.
Lee disclosed that over 500 companies are currently in the queue to go public in Hong Kong. Among these prospective listed firms, a growing proportion hail from strategic sectors such as artificial intelligence (AI), semiconductors, robotics, and autonomous driving.
He also shared that in March of this year, the average daily trading volume of the Hong Kong stock market reached close to 39 billion U.S. dollars, marking an 8% increase compared to the same period last year.
By the end of March this year, the total amount of funds raised through new stock listings in Hong Kong had surpassed 14 billion U.S. dollars (approximately 109.2 billion Hong Kong dollars), ranking first globally. The financing volume witnessed a staggering 504% surge.
At present, an increasing number of Chinese AI and semiconductor companies are flocking to Hong Kong for initial public offerings (IPOs).
In the first quarter of 2026, Biren Technology and Iluvatar CoreX, both leading domestic GPU manufacturers, made their debuts on the Hong Kong stock exchange, filling the gap in the GPU sector in the local market.
Two rising stars in the large – language model field, Zhipu AI and MiniMax, also landed on the Hong Kong stock market. Notably, MiniMax set a new global record for the shortest time from establishment to going public among AI companies.
According to publicly available data, in the first quarter, a total of 24 companies from industries including semiconductors, hardware equipment, and software services went public in Hong Kong, accounting for 60% of the total number of new listings. The amount of funds raised by these companies reached as high as 73.495 billion Hong Kong dollars.
