8 more firms from Belt and Road Initiative countries apply for IPOs in Hong Kong
Eight more companies from countries involved in Beijing’s Belt and Road Initiative have applied to list in Hong Kong, the city’s trade promotion chief has said. Fedrick Ma Si-hang, chairman of the Hong Kong Trade Development Council, also said on Monday that the city’s economy would benefit from improving China–US ties. The council has also raised its export forecast. Speaking on the sidelines of…
Eight additional companies from countries participating in the Belt and Road Initiative have submitted applications to list on the Hong Kong stock exchange, according to Fedrick Ma Si-hang, chairman of the Hong Kong Trade Development Council. Ma made the announcement at the Global Youth Powerhouse Summit, also expressing optimism about Hong Kong's economy benefiting from improved China-US relations.
The council has updated its export forecast for 2026, anticipating a growth of 42 to 47 percent, up from the previous prediction of over 20 percent. The projected growth is attributed to stable demand for electronic products, particularly in the artificial intelligence and semiconductor sectors.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
