Li Ka-chao: Continue to improve the listing system to enhance Hong Kong's attractiveness as a listing location.

Hong Kong Chief Executive John Lee Ka-chiu posted on social media that since September 23 last year, HKEX has implemented a "no suspension on typhoon days" arrangement, allowing the Hong Kong securities market to operate even in adverse weather conditions. This reform measure further aligns the Hong Kong market with international standards and enhances market competitiveness. John Lee Ka-chiu mentioned that in recent years, the Hong Kong government has implemented a series of reforms to the listing system, leading to a prosperous IPO market this year. Up to mid-July this year, there have been 52 IPOs raising a total of HK$124 billion, representing a 30% and 5.9-fold year-on-year increase, respectively, ranking first in global IPO fundraising. The Hang Seng Index has also seen a cumulative year-on-year increase of 25.3%. He stated that the government will continue to improve the listing system to enhance market liquidity, attract more high-quality companies globally to list in Hong Kong, and boost Hong Kong's attractiveness and vitality as a listing venue. The Hong Kong government is currently consulting on the new Policy Address, aiming to incorporate the wisdom of the government, businesses, experts, and the public. The feedback received will be carefully studied, and efforts will be made to propel Hong Kong's development forward as a unified city.