<div id="readability-page-1">Hong Kong has become the top listing choice for tech firms amid the rise of Asia in global innovation, according to Bonnie Chan Yiting, CEO of Hong Kong Exchanges and Clearing (HKEX). The comments come as the city’s capital markets maintain momentum despite recent fluctuations, with over HK$166 billion (US$21.2 billion) raised via initial public offerings (IPOs) in the first five months, and daily trading turnover averaging HK$293 billion in May, up 111 per cent and 39 per cent from one year ago, respectively. Underlying the trend was a structural change that had seen Hong Kong capital flows shift from traditional markets to emerging industries, with transaction volumes of tech shares surging sevenfold within 10 years, Chan said at the 2026 HKEX Future Tech Summit in Shenzhen on Thursday. The rapid growth of China’s tech sector, especially in artificial intelligence, is providing deeper investment opportunities for the capital market. “We are at a pivotal moment in history, as technology is reshaping the industrial landscape and Asia is emerging as a major hub for global innovation,” Chan told delegates who represented industries from AI to energy and biotech.  At the end of May, HKEX overhauled its Tech 100 Index, adding seven tech-focused companies including Deepexi Technology, Time Interconnect Technology and Hesai Group, amid growing pressure for the city to reflect the rapid rise of AI stocks. The changes will take effect on June 15. Separately, HKEX would soon introduce the first exchange-traded fund tracking the Tech 100 Index, said Gregory Yu, managing director and head of markets at the bourse operator, at the same event. Chan vowed to provide a deeper and more forward-looking capital market to global investors and tech companies through institutional innovation, deepening of markets and regional connectivity. In recent weeks, Hong Kong has faced a liquidity squeeze from mega IPOs in the US by aerospace titan SpaceX and pending listings by AI model giants Anthropic and OpenAI, as well as competition with mainland bourses for the listings of Chinese semiconductor leaders. Due to the low exposure of hard tech shares in mainboard indices amid a chip supercycle, the Hang Seng Index and Hang Seng Tech Index have fallen 8.8 per cent and 2.7 per cent this year, respectively, dramatically underperforming their Japanese and South Korean peers.</div>

HKXCY

00388

XT100

<p>HKEX CEO Bonnie Chan stated Hong Kong is the top listing hub for global tech firms, citing HK$166 billion raised in IPOs and surging tech trading volumes. Amid competition from US mega-IPOs and mainland bourses, HKEX overhauled its Tech 100 Index to better reflect AI stocks and plans to launch a tracking ETF, aiming to deepen market connectivity despite recent index underperformance.</p>

Hong Kong emerges as top listing hub for global tech firms, HKEX says