HKEX's Yu Xueqin: ETF products tracking the Tech 100 Index will soon be launched on the market.

HKEX (00388) Managing Director and Market Head Yu Xueqin stated at the HKEX Fintech Summit that the exchange launched the "HKEX Tech 100 Index" at the end of last year. The stock components will be adjusted for the first time after the market closes tomorrow, including 3 stocks that meet the requirements for rapid inclusion mechanism. The ETF products that track the Tech 100 Index are set to be launched in the market soon. He expressed the expectation for the future development of different types of products related to the index, such as leveraged and inverse ETFs, bull and bear certificates, to provide the market with more flexible investment options. HKEX Chief Executive Officer Charles Li said that the enthusiasm in the Hong Kong market has not diminished at all this year, with significant increases in IPO size and average daily trading volume in the secondary market. More importantly, over the past 10 years, market liquidity has been continuously shifting from traditional industries to innovative sectors. The proportion of the technology sector has increased from 15% a decade ago to 44%, with trading volume growing more than 7 times, reflecting investors' attention continuously moving towards the sectors with the highest growth potential. The Hong Kong market is gradually transforming from a traditional economic financing platform to a market driven by technology and the new economy. Li pointed out that Chinese technological innovation is shifting from isolated breakthroughs towards systematic development, bringing greater investment opportunities to the capital market. At the corporate level, Chinese technology companies are accelerating their international expansion, with more and more companies listing in Hong Kong rooted in China and operating globally, becoming truly multinational enterprises. Many startups are naturally international from the very beginning, with revenue structures and business expansions that inherently possess international attributes. In this process, Hong Kong serves as a key gateway connecting Chinese and international capital, continuously empowering companies to achieve globalization, while HKEX evolves into an important hub for the global expansion of Chinese technology. Contemporary Amperex Technology (03750) Co-Chairman Pan Jian, who was also present at the same event, stated that the company exceeded expectations in various aspects after its listing in Hong Kong last year, including the issue price. H-shares post-listing have a 25% to 45% premium over A-shares in the long term. The company expects a growth of over 200% to 300% in the next 5 years, requiring significant investment in business innovation. Through the Hong Kong stock market, the company can have a fast issuance channel to provide strong support for future development.