Page 178 - AmCham South China 2026 Special Report on the State of Business in South China

Fig 12. Hong Kong achieves record-breaking FDIs 2024, reinforcing city¡¯s status as leading business hub

Source: 2025 UNCTAD World Investment Report, EY analysis

the Global Financial Center Index 149 . Consistently, approximately HK$150 billion to HK$195 billion in
over 70% of global offshore RMB payments are bonds will be issued annually during the five-year
processed through Hong Kong, according to period from 2025-26 to 2029-30 .
152
SWIFT statistics.

In H1 2025, Hong Kong¡¯s IPO market thrived as Recent policies and reforms
multiple factors reshaped its landscape . Date
150
from Hong Kong Exchanges and Clearing Limited The Chief Executive¡¯s 2025 Policy Address 153
(HKEX) shows that 42 companies were listed in the
first six months, raising over HK$107 billion, up 22% The 2025 Policy Address outlines comprehensive
compared with the full year of 2024 . The ¡°new strategies for key priorities, including the
151
consumption + hard technology¡± trend has emerged development of the Northern Metropolis, finance,
as a key catalyst for the IPO market. Listings of large trade, technology, talent, education, people¡¯s well-
A+H companies significantly boosted IPO proceeds being, green transition and integration within
in the industrials sector, including advanced the GBA. It underscores Hong Kong¡¯s resolve
manufacturing, positioning it at the forefront among and capability to proactively align with national
sectors in terms of funds raised. strategies during the15th Five-Year Plan, precisely
respond to local societal needs and strategically
Hong Kong is striving to develop new quality position future industries.
productive forces and establish AI as a core
industry to drive the upgrade and transformation of - Accelerating the development of the
traditional industries. The Northern Metropolis will Northern Metropolis
serves as a catalyst for the growth of the innovation
and technology industry, enabling deeper ? A high-level committee has been established
integration with the GBA. To fund this development to fast-track development, streamline administrative
and other major infrastructure projects aimed at procedures and remove barriers to investment.
improving people¡¯s livelihoods, it is expected that
? To boost transport infrastructure, the
149 https://www.longfinance.net/programmes/finan-
cial-centre-futures/global-financial-centres-index/gfci- completion of Kwu Tung Station and Hung Shui Kiu
publications/the-global-financial-centres-index-36/ Station will be advanced to 2027 from 2030.
150 https://www.ey.com/en_cn/newsroom/2025/06/a- 152 EY, https://www.ey.com/content/dam/ey-unified-
h-listings-support-hk-reclaiming-the-top-spot
151 HKEX, https://www.hkex.com.hk/Market-Data/ site/ey-com/en-cn/campaigns/hong-kong-budget/doc-
uments/ey-hong-kong-2024-25-budget-insights-en.pdf
Statistics/Consolidated-Reports/HKEX-Monthly-Market- 153 The Chief Executive¡¯s 2025 Policy Address, https://
Highlights?sc_lang=en
www.policyaddress.gov.hk/2025/en/policy.html
178 179