China News Service, Hong Kong, December 17th (Reporter Liu Chenyao) Hong Kong Exchanges and Clearing Co., Ltd. (HKEx) released its market statistics for 2020 on the 17th.
As of December 10, 2020, the Hong Kong Stock Exchange's IPO (initial public offering) has raised a total of about 47 billion US dollars, which is expected to hit a new high since 2010.
"This year has been a fruitful year for the Hong Kong Stock Exchange. Despite the challenging macro environment, our business is still thriving. We continue to steadily advance the Group's three-year strategic plan, seize growth opportunities, and carefully control costs and manage risks. 2020 will be even more exciting. Highlights Hong Kong’s status as an Asian financial center.” Looking back on this year’s performance, Hong Kong Exchange Group Chief Executive Li Xiaojia expressed his views on the Hong Kong Stock Exchange’s official website.
The data released on the same day was as "fruitful" as Li Xiaojia said.
In terms of performance, the performance and trading volume for the nine months ended September 2020 hit record highs; as of December 10, 2020, the total IPO proceeds of approximately US$47 billion increased by 19.85% from the end of 2019, and is expected to hit ten New year high.
In the same year, the Hong Kong Stock Exchange and MSCI signed a major licensing agreement to launch its Asian and emerging market index futures and options contracts; established Asia’s first multi-asset class sustainable financial product platform "STAGE". The initial launch included 29 issues issued by leading Asian companies Sustainable financial products.
In addition, since the new listing rules came into effect, new economy companies have accounted for nearly 60% of the total capital raised in Hong Kong's entire IPO market; 47 healthcare and biotechnology companies have been listed on the Hong Kong main board, making Hong Kong the world's second largest biotech financing center.
It is understood that the Hong Kong Stock Exchange proposed in February 2019 a three-year strategic plan to "base on China", "connect to the world" and "embrace technology".
The Hong Kong Stock Exchange disclosed on the 17th that the above strategy is progressing well in 2020.
During the year, the Shanghai-Shenzhen-Hong Kong Stock Connect and Bond Connect implemented a series of new optimization measures. These two interconnection programs that connect Hong Kong and the mainland market have become more attractive; the Hong Kong Stock Exchange’s multiple market microstructure optimization measures have also further enhanced Hong Kong. Competitiveness and attractiveness as a trading and financial investment center.
"I believe that the Hong Kong Stock Exchange will continue to play an important role in connecting global investors, companies and markets in the future." Li Xiaojia said that looking forward to 2021, the Hong Kong Stock Exchange will continue to focus on implementing a three-year strategic plan and capture A development opportunity to realize the vision of becoming "the leading international time zone exchange in Asia".
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