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Hong Kong Immigration Economy

Hong Kong Remains the World's Second-Largest IPO Market
: According to a report by The Wall Street Journal, Hong Kong's IPO fundraising volume has reached $27.1 billion so far this year, including the $3.7 billion IPO raised by Dalian Wanda Commercial Properties. Wanda Commercial Properties finalized its offering price this Tuesday.

Hong Kong Actively Deepens Cooperation with Guangdong-Hong Kong
The Chief Secretary for Administration of the Hong Kong Special Administrative Region, Carrie Lam, attended the 'Annual Meeting of the Consultation Committee of the China (Guangdong) Pilot Free Trade Zone, Shenzhen Qianhai Shekou Area and Shenzhen Qianhai Hong Kong-Macau Service Industry Cooperation Zone' hosted by the Shenzhen Municipal Government on the 9th. In her speech, she expressed hope that the cooperation between Shenzhen and Hong Kong would further manifest and deepen in Qianhai, achieving mutual benefits for both regions.

Hong Kong Business Community Should Gain an In-depth Understanding of the 13th Five-Year Plan and Seek Business Opportunities
Financial Secretary of the Hong Kong SAR Government, John Tsang, stated in a blog post on the 1st that prioritizing innovation in the 13th Five-Year Plan is not an empty political slogan, but carries significant practical meaning.

The number of "social enterprises" in Hong Kong has doubled in seven years
The Secretary for Home Affairs of the Hong Kong Special Administrative Region, Lau Kong-wah, stated on the 1st that social enterprises (SEs) have been steadily developing in Hong Kong. The number of SEs has increased from approximately 260 in 2008 to over 520 currently, achieving a remarkable growth of 100%.

"London-Hong Kong Connect" May Make Hong Kong a Futures Trading Center
According to media reports, Charles Li, the Chief Executive of Hong Kong Exchanges and Clearing Limited (HKEX), recently stated that he is studying the launch of the "London-Hong Kong Connect" as a significant part of Hong Kong's connectivity. He hopes that the "London-Hong Kong Connect" will ultimately enable Hong Kong to become a futures trading center.

Hong Kong May Include ETF Products in the Shanghai-Hong Kong Stock Connect
Regarding the development status of Exchange-Traded Funds (ETFs) on the Hong Kong Stock Exchange, the Hong Kong Financial Development Council, in its latest report, calls for Hong Kong to promote the development of the ETF business through various measures, including incorporating ETFs into the Shanghai-Hong Kong Stock Connect and mutual recognition of funds, as well as expanding product varieties and simplifying product approval processes through cross-border listings, to help Hong Kong regain its leadership position in the ETF market in the Asia-Pacific region.

Hong Kong Immigration: The Launch of 'Shenzhen-Hong Kong Stock Connect' Is Only a Matter of Time
According to Hong Kong media reports, Laura Cha, Chairperson of the Financial Services Development Council of Hong Kong, stated in Shenzhen on the 20th that the stock exchanges of Shenzhen and Hong Kong have completed the design and technical system development for the Shenzhen-Hong Kong Stock Connect, and that its launch is now only a matter of time.



