Hong Kong’s capital market has experienced strong momentum from the rapid expansion of artificial intelligence, with AI-related companies playing an increasingly important role in fundraising activity.
According to Hong Kong Financial Secretary Paul Chan, AI-related initial public offerings (IPOs) raised nearly HK$100 billion (approximately US$12.75 billion) between December 2025 and May 2026, accounting for around 55% of the total IPO proceeds raised in the city during the period.
Chan said China’s rapid progress in artificial intelligence has created new opportunities for Hong Kong’s economy and financial markets. Strong global demand for advanced electronic products and AI-related technologies has also supported the city’s export performance, with exports recording consecutive quarters of double-digit growth. This momentum helped Hong Kong’s economy outperform earlier expectations during the first half of 2026.
He also highlighted AI’s long-term economic potential for local businesses. Referring to research from a multinational technology company, Chan noted that if Hong Kong’s small and medium-sized enterprises (SMEs) can reach the same level of AI adoption as large companies by 2035, the city could generate up to HK$65 billion in additional economic value.
While optimistic about AI-driven growth, Chan stressed that technological advancement will also reshape the labor market. He said Hong Kong should strengthen its efforts to prepare workers for the changing employment landscape and address the challenges that emerging technologies may bring.
The strong performance of AI-related IPOs reflects growing investor confidence in the sector while reinforcing Hong Kong’s position as an important international fundraising center for technology companies. As artificial intelligence continues to transform industries worldwide, the city is expected to benefit from its role in connecting innovation, capital, and global markets.
