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Hong Kong is top choice for tech IPOs amid Asia's innovation rise: HKEX CEO

Created at 11 Jun · 5:00 AM1 source↑ Market-relevant
IN SHORT

Hong Kong has become the premier listing destination for technology firms, driven by Asia's growing role in global innovation, according to HKEX CEO Bonnie Chan Yiting. The city's capital markets have seen significant growth in IPOs and trading turnover, with a notable shift towards emerging industries like AI.

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Key Numbers

HK$166 billionIPO proceeds in first five months
US$21.2 billionIPO proceeds in first five months
HK$293 billionAverage daily trading turnover in May
111%Year-on-year increase in daily trading turnover
39%Year-on-year increase in daily trading turnover

Who's Involved

Bonnie Chan Yiting
CEO of Hong Kong Exchanges and Clearing (HKEX)
HKEX
Hong Kong stock exchange operator
Deepexi Technology
Tech company added to Tech 100 Index
Time Interconnect Technology
Tech company added to Tech 100 Index
Hesai Group
Tech company added to Tech 100 Index
Hong Kong is top choice for tech IPOs amid Asia's innovation rise: HKEX CEO

↳ Why This Matters

Hong Kong's strategic pivot towards emerging tech sectors is solidifying its status as a key financial hub, attracting significant capital and reflecting the growing importance of Asia in the global innovation landscape.

Key facts

  • Hong Kong is the top listing choice for technology firms, according to HKEX CEO Bonnie Chan Yiting.
  • The city's capital markets raised over HK$166 billion (US$21.2 billion) via IPOs in the first five months of the year.
  • Daily trading turnover averaged HK$293 billion in May, an increase of 111% from the previous year.
  • Transaction volumes for tech shares have surged sevenfold over the past decade.
  • HKEX is overhauling its Tech 100 Index, adding seven tech-focused companies effective June 15.

Hong Kong has solidified its position as a leading destination for technology firms seeking to list, driven by the ascendant role of Asia in global innovation, according to Bonnie Chan Yiting, CEO of Hong Kong Exchanges and Clearing (HKEX).

Chan's remarks at the 2026 HKEX Future Tech Summit in Shenzhen highlighted a significant structural shift in Hong Kong's capital markets, with flows moving from traditional sectors to emerging industries. This pivot has fueled a sevenfold increase in tech share transaction volumes over the past decade.

The city's financial markets have demonstrated resilience, with IPO proceeds exceeding HK$166 billion (US$21.2 billion) in the first five months of the year. May saw daily trading turnover average HK$293 billion, marking an 111% increase compared to the previous year, with an overall 39% rise in turnover.

The growth of China's technology sector, particularly in artificial intelligence, is creating substantial investment opportunities. Chan emphasized that technology is fundamentally reshaping the industrial landscape, with Asia emerging as a critical hub for global innovation across sectors like AI, energy, and biotech.

In response to the burgeoning AI stock market, HKEX announced an overhaul of its Tech 100 Index at the end of May. Seven tech-focused companies, including Deepexi Technology, Time Interconnect Technology, and Hesai Group, will be added to the index, with the changes becoming effective on June 15.

Frequently asked questions

The HKEX Tech 100 Index is a benchmark that tracks the performance of 100 technology companies listed on the Hong Kong stock exchange.

The rise of Asia as a global innovation hub and the rapid growth of China's tech sector, particularly in AI, are key drivers.

In the first five months, IPOs raised over HK$166 billion, and May saw daily trading turnover average HK$293 billion, an 111% increase year-on-year.

What Happens Next

01The changes to the HKEX Tech 100 Index will take effect on June 15.

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Cadence

How It Developed

Hong Kong is the top listing choice for tech firms due to Asia's innovation rise, according to HKEX CEO Bonnie Chan Yiting.
Capital markets raised over HK$166 billion via IPOs in the first five months.
Daily trading turnover averaged HK$293 billion in May, up 111% year-on-year.
Transaction volumes of tech shares have surged sevenfold in 10 years.
HKEX overhauled its Tech 100 Index, adding seven tech-focused companies including Deepexi Technology, Time Interconnect Technology and Hesai Group.
The changes to the Tech 100 Index will take effect on June 15.

Sources

T1
Hong Kong’s pivot to emerging sectors secures its spot as top choice for tech firms: HKEXSouth China Morning Post

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