Charles Li, CEO of Hong Kong Exchanges and Clearing Limited (HKEX), said that there are signs of recovery in Hong Kong's new stock market. Currently, HKEX is processing 106 new listing applications, and since the beginning of this year, 40 new stocks have been listed in Hong Kong, ranking third in the world. In recent years, the reform of HKEX's listing system has also focused on supporting the technology and innovation sector. From the 8A and 18A chapters in 2018, to the 18B chapter in 2022, the 18C chapter and virtual asset futures ETF in 2023, and the virtual asset spot ETF this year, they are all aimed at contributing to the development of the mainland and Hong Kong.
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