Published: 19:44, May 28, 2026 | Updated: 20:55, May 28, 2026
More measures planned to support mainland tech firms going global through HK
By Li Xiaoyun in Hong Kong
Speakers and guests pose for a photo at the Go Global Summit 2026, organized by the Greater Bay Area Association of Listed Companies, in Hong Kong on May 28, 2026. (LI XIAOYUN/ CHINA DAILY)

Hong Kong’s deep capital market and strong professional services sector make the city a natural launchpad for Chinese mainland technology companies expanding overseas, with more policy innovations and supportive measures in the pipeline to further facilitate their global ambitions, senior officials, business leaders and regulators said on Thursday.

Speaking at the Go Global Summit 2026, hosted by the Greater Bay Area Association of Listed Companies, Kelvin Wong Tin-yau, chairman of Hong Kong’s Securities and Futures Commission, said “Hong Kong offers not only efficient access to capital, but also a bridge to international regulatory standards.”

“It helps companies optimize resource allocation, build globally recognized brands, and strengthen risk management.”

Since reforms on listing rules were introduced in 2018, about 400 new economy companies have gone public in Hong Kong, raising close to HK$30 trillion ($3.82 trillion) in total, according to Wong. In 2025, such companies accounted for more than two thirds of new listings on the Hong Kong stock exchange.

However, Wong said the industry trend has yet to be fully reflected in the performance of technology stock indices. According to data provider Wind, the Hang Seng Tech Index — which tracks the 30 largest technology companies listed in Hong Kong — has fallen more than 24 percent since reaching a phased peak in October.

“As market structure continues to improve and index compilation mechanisms are refined, the technology indices are expected to better reflect industry trends in a more objective manner, with stronger forward-looking and reference value,” Wong said.

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Bonnie Chan Yi-ting, chief executive officer of the Hong Kong Exchanges and Clearing Ltd (HKEX), said the bourse has been refining its listing rules for technology companies, particularly pre-profit firms.

If companies have a clear business model and growth potential, they could find a suitable listing pathway in Hong Kong, Chan said.

HKEX is consulting the market on a new round of listing rule reforms, with results expected to be announced soon, she added. Proposed changes include refining secondary listing requirements to make it easier for overseas-listed issuers to list in Hong Kong, and allowing all prospective IPO applicants to file confidentially.

Chan said more than 2,700 companies are listed in Hong Kong, with a combined market capitalization of nearly HK$48 trillion. Average daily turnover reached HK$250 billion in 2025, jumping over 90 percent from 2024, which Chan said underscores the depth and liquidity of the market and its ability to attract sustained global investors after initial public offerings.

Chen Jinyao, co-founder and  executive president of Insta360, known for its action cameras and 360-degree panoramic cameras, said the company made its first attempt to expand overseas in 2015 — the year it was founded — when it participated in an electronics fair in Hong Kong.

Through the exhibition, Insta360 connected with several distributors from the United States, who sold its products to key opinion leaders and skiing enthusiasts. This helped open up sales in the US winter sports community, Chen said.

Mainland companies’ going global is a major trend, Deputy Secretary for Justice Horace Cheung Kwok-kwan said, citing a recent survey by the Hong Kong Trade Development Council which found 95 percent of interviewed mainland enterprises plan to expand their overseas business in the next two years.

The Department of Justice will publish the second edition of its Collection of Success Stories: Hong Kong’s Professional Services Supporting Chinese Mainland Enterprises Going Global in the middle of this year, following the release of the first edition in December.

This will demonstrate how Hong Kong’s services cover the entire business cycle and value chain of companies expanding abroad, Cheung said.

In the second half of the year, the department will also co-organize exchange activities with mainland authorities and institutions to facilitate connections between professional service providers and companies seeking to go global.

irisli@chinadailyhk.com