Deepseek AI Emotions are spilled to the IPO market in Hong Kong


The Exchange Square complex, which houses the Hong Kong Stock Exchange, February 26, 2025.

Bloomberg Bloomberg Getty images

Beijing – Chinese companies are jumping into the window of making public in Hong Kong, when global investors begin to return to the region, after news about the turn of the artificial intelligence of Deepseek at the end of January.

It is a level of excitement that has not been felt for over three years, despite the overhang of American commercial tensions. Initial public offers are a lucrative way for the first investors in startups to go out and draw a return.

“Everyone works so perfectly. IPO candidates, investor and regulatory bodies,” said George Chan, IPO global leader in EY. “All these three parties are currently working so well to actually grow a healthy IPO market in Hong Kong.”

“The US long-term fund turned.

The Chinese giant of the bubble tea giant publicized on March 3 in Highly overwritten Hong Kong list. And in the sign MoreChinese battery giant Contemporary Amperex (CATL) technology made in February about what It can be the largest IPO in Hong Kong since 2021when a company with short Kuaishou video was replaced.

I still think that focusing on specific companies or industries in China is a bit risky

News about Deepseek claims based in China about the competition of chatgpt OpenAI in the possibilities of reasoning after lower costs-a community of Chinese restrictions access to advanced systems for training AI-TRAFIŁ models to global technological stocks at the end of January, while stimulating the rally in China. Hang Seng Hong Kong index increased to three years.

Chinese President XI Jinping also owned A rare meeting with technological entrepreneurs In February and Beijing signaled Greater support for the private sectorAfter adopting a more restrictive attitude in recent years.

In the first quarter in the first quarter, six initial public offers in Hong Kong collected over $ 1 billion in Hong Kong ($ 130 million)-SKOK from just one list of this size during the last year.

To sum up, the consulting in Hong Kong saw the 15th IPO in the first quarter, which was collected by 17.7 billion HKD – the best beginning of the year from 2021.

Before recovery to this level, there is still a long way. Hong Kong saw 32 IPO in the first quarter of 2021 132.7 billion HKDAccording to KPMG.

The Hong Kong Stock Exchange has corrected its rules in the meantime, including those that support companies already mentioned in continental China to offer shares in Hong Kong.

In addition to CATL, other companies listed in continental China – Hengrui Pharmaceuticals, Mabwell, Haitian flavoring and food, Fortior Tech and Sanhua Intelligent controls – “actively look for offers in Hong Kong,” said Tiger Brokers, insurer of many Chinese companies in the USA and Hong Kong.

“Chinese regulatory bodies encourage companies to mention in Hong Kong in order to expand financial channels and support the needs of merger and take over Chinese enterprises,” said the company.

He still doesn't leave the forest

In the summer of 2021 A wave of Chinese companies in New York.

Since then, the main problems have been solved, and Beijing explained the rules for Chinese companies that want to exchange outside the continent. But the Trump administration indicated in its “first investment policy of America” ​​that maybe Increase control In American capital, sailing to China, in addition to elevated tariffs.

The US and China do not yet indicate when their two leaders may meet when trying to conclude a contract. Different interests of artificial intelligence and technology are not yet enough to speed up the revival in the Chinese economy.

“At this point we only see good indicators,” said Chan Ey. But “one incident can happen that can undo the trend.”

“Things usually have a pattern,” he said. “If matters can continue for three months, four months, it will probably be continued for the rest of the year.”



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *