Hong Kong Offers More Than Listings, Finance Chief Tells Jiangsu Enterprises in Nanjing
AM730 · 2 SOURCESabout 3 hours ago2 MIN
Summary
Financial Secretary Paul Chan Po-yun is in Nanjing to promote Hong Kong as a strategic platform for mainland enterprises seeking global expansion. Speaking at a promotional event titled "Jiangsu-Hong Kong Join Hands, Set Sail" on October 13, 2026, Chan highlighted that 129 Jiangsu enterprises have already listed in Hong Kong, with a combined market value of approximately HK$1.44 trillion . He emphasized that Hong Kong's value extends far beyond fundraising—it offers access to international financial networks, strategic partners, and professional expertise . The event also showcased the HKSAR Government's Northern Metropolis development, which aims to accelerate collaboration between universities, research institutions, and businesses .
Key Points
- Hong Kong serves as Jiangsu's largest source of foreign investment and largest overseas investment destination, reflecting deep economic ties between the two regions .
- Hong Kong attracted 119 new listed enterprises last year, raising over HK$280 billion and ranking first globally for IPO fundraising volume .
- This year has seen approximately 100 new listings raising about HK$380 billion, representing year-on-year growth exceeding 100 percent .
- Chan stressed that Hong Kong's financial ecosystem brings together institutions, investors, and professionals, enabling firms to access international capital and find development partners at every stage .
- The Northern Metropolis project aims to bridge universities, research centers, enterprises, and investors to faster transform research outcomes into commercial products and services .
Why It Matters
By highlighting Hong Kong's role as more than a listing venue, Chan is positioning the city as a comprehensive financial ecosystem that mainland enterprises need to access global markets . The strong turnout of Jiangsu firms and the continued growth in Hong Kong IPO fundraising underscore the city's enduring appeal as China's gateway to international capital, even as competition from other financial centers intensifies .
By highlighting Hong Kong's role as more than a listing venue, Chan is positioning the city as a comprehensive financial ecosystem that mainland enterprises need to access global markets . The strong turnout of Jiangsu firms and the continued growth in Hong Kong IPO fundraising underscore the city's enduring appeal as China's gateway to international capital, even as competition from other financial centers intensifies .