Hong Kong stock IPOs are booming, and domestic securities firms are "busy flying high."

On June 25th, CaoCao Mobility and Xiangjiang Electric were listed on the Hong Kong Stock Exchange. Since the beginning of this year, the IPO fundraising amount in the Hong Kong stock market has reached HKD 95.929 billion, a year-on-year increase of 758.8%, showing explosive growth. Driven by the technological waves of AI and robotics, Chinese assets are undergoing a value reassessment, and the global attention on Hong Kong stocks has significantly increased. Amid the "A+H" trend, domestic securities firms are building cross-border business collaboration platforms and forming specialized teams for Hong Kong stocks to accelerate the expansion of investment banking business in Hong Kong stocks, and they are relatively optimistic about their business in the second half of the year. "With the international capital reassessing the value of Chinese assets and continuous inflow of funds, the sentiment in the Hong Kong stock market is warming up, and valuations are significantly recovering, further attracting A-share companies to list in Hong Kong. In addition, the Hong Kong Stock Exchange has introduced a series of institutional facilitation measures for A-share companies to list in Hong Kong, and the overall review process for A-share companies to list in Hong Kong is relatively fast," said Wang Shuguang, a member of the management committee of China International Capital Corporation (CICC)