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Hong Kong Integrates Technology with National Strategies to Strengthen Its Position as a World Financial Leader

Hong Kong Integrates Technology with National Strategies to Strengthen Its Position as a World Financial Leader

Bitget-RWA2025/10/30 01:56
By:Bitget-RWA

- Hong Kong's Seres Group raised HK$13.2B via IPO, boosting 2025 listing forecasts as EV demand surges. - National 15th Five-Year Plan integration and Greater Bay Area cooperation drive strategic economic alignment. - Pony.ai's Gen-7 Robotaxi and Deepexi's AI IPO highlight tech innovation fueling market growth. - Blazpay's $925K crypto presale and Prudential's 13% profit rise underscore diversified financial resilience. - Leadership promotes AI collaboration at Apec forums, aligning Hong Kong's talent with

Hong Kong is experiencing a notable uptick in financial activity as it strengthens its status as a leading global capital center, fueled by significant IPOs and advancements in technology. Seres Group Co., an electric vehicle producer collaborating with Huawei Technologies Co., plans to generate as much as HK$13.2 billion ($1.7 billion) via a Hong Kong public offering, highlighting the city's attractiveness for major listings, according to

. The IPO, anticipated to launch on November 5, comes after Sany Heavy Industry Co., a manufacturer of excavators, also raised $1.7 billion, pushing Hong Kong’s total new listing proceeds past Bloomberg Intelligence’s projections for 2025. Seres’ stock price has surged fourfold in 2023, signaling strong investor optimism as its profits are expected to climb 72% to 10.2 billion yuan this year.

Hong Kong’s integration into national strategies is also accelerating. The Beijing liaison office has reiterated its support for the city’s alignment with the 15th Five-Year Plan (2026–2030), a pivotal phase for achieving high-quality growth and national revitalization, according to

. Financial Secretary Paul Chan Mo-po identified the Northern Metropolis as a crucial driver for advancing Greater Bay Area collaboration, leveraging Hong Kong’s position as a “superconnector” to international markets in . These efforts are part of a broader push to strengthen economic integration with the mainland, including the development of cross-regional intelligent vehicle systems and regulatory harmonization, as outlined in .

Hong Kong Integrates Technology with National Strategies to Strengthen Its Position as a World Financial Leader image 0

Innovation in technology remains a cornerstone of Hong Kong’s progress. Pony.ai, a frontrunner in autonomous driving, introduced its Gen-7 Robotaxi at the 2025 Hong Kong Auto Expo, demonstrating breakthroughs in Level 4 self-driving technology and cost-effective hardware. Operating in cities such as Beijing, Shanghai, Guangzhou, and Shenzhen, the company aims to expand its fleet to 1,000 vehicles by the end of the year. At the same time, AI-driven solutions are gaining momentum, with Deepexi Technology Co. recently debuting on the Hong Kong Stock Exchange. The enterprise AI firm secured HK$710 million through an IPO that was oversubscribed 7,569 times, with proceeds directed toward research, sales growth, and international expansion, according to

.

Hong Kong’s robust financial services sector further demonstrates its economic strength. Prudential’s new business profit for the third quarter climbed 13% to $705 million, fueled by growth in both Hong Kong and China, according to

. The insurer’s emphasis on health and protection products reflects evolving consumer preferences, while its consideration of an IPO for ICICI Prudential Asset Management highlights Hong Kong’s pivotal role in global capital movement.

As the 15th Five-Year Plan progresses, Hong Kong’s leadership, including Chief Executive John Lee Ka-chiu, is actively participating in Apec forums to encourage investment and AI partnerships, as noted by SCMP. Lee’s recent trip to South Korea showcased the city’s advantages in attracting skilled professionals and nurturing innovation, aligning with national objectives to build advanced industry clusters.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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