Beijing – With news of DeepSeek’s AI breakthrough in late January, global investors are starting to return to the region, and Chinese companies are opening toward Hong Kong as global investors begin to return to the region.

Despite growing trade tensions in the United States, it is a level of excitement that has been over three years. The initial public offering is the lucrative profitability of early investors who have startups exited and earned returns.

“Everyone is working together. Candidates, investors and regulators,” said George Chan, head of EY Global IPO. “At present, the work of these three parties is perfect to actually cultivate a healthy Hong Kong IPO market.”

“The long-term funds in the United States have returned. This shows that investors are becoming more confident,” he said, adding that the performance after the IPO is also encouraging.

Chinese foam tea giant mixed belt on March 3 in Highly overordered Hong Kong listing. And mark And moreChinese battery giant Hyundai Ampere Technology (CATL) submitted in February Probably the largest IPO in Hong Kong since 2021When short video company Kuaishou is listed.

China-based Deepseek news is that despite the U.S. restrictions on China’s advanced chips to train AI models, lower costs compete for competition for reasoning capabilities, sparked a rally in late January. Hong Kong’s Hang Seng Index soared to a three-year high.

Chinese President Xi Jinping also held Rare Meetings with tech entrepreneurs In February, Beijing has sent a signal More support for the private sectorhas taken a stricter stance in recent years.

According to KPMG, six first-time public offerings in Hong Kong raised more than 1 billion Hong Kong dollars ($130 million) in the first quarter, according to KPMG’s annual listing.

In total, Hong Kong saw 15 IPOs in all first quarters of the first quarter, which raised HK$17.7 billion, the best start of the year since 2021, the consulting firm said.

There is still a long way to go to return to that level. Hong Kong saw 32 IPOs in the first quarter of 2021, which attracted people’s interest 132.7 billion portsaccording to KPMG.

The Hong Kong Stock Exchange has adjusted its listing rules during this period, including companies that support companies listed in mainland China to provide Hong Kong stocks.

In addition to CATL, other companies listed in mainland China – Hengrui Pharmaceuticals, Marbwell, Haitian Seasonings and Foods, Fortior Tech and Sanhua Intelligent Conternats – are “actively seeking Hong Kong lists,” said Tiger Brokers, an underwriter of many Chinese companies in the United States and the United States.

“Chinese regulators are encouraging companies to list in Hong Kong to expand financing channels and support outbound mergers and acquisitions needs of Chinese companies,” the company said.

As early as the summer of 2021, the impact of the IPO of Chinese riding company DIDI prompted regulators in both countries to carefully examine what was then The wave of Chinese companies listing in New York.

The main problems since then have been resolved, and Beijing has clarified the rules for Chinese companies hoping to list outside the mainland. But the Trump administration pointed out in its “U.S. No. 1 Investment Policy” Added review Tariffs are raised as U.S. capital flows to China.

The United States and China have not yet indicated when their two leaders may meet to reach a deal. The surge in interest in AI and technology is not enough to speed up the recovery of China’s economy.

“At this point in time, all we can see is a good indicator,” said Chen En of Iron. But “a single event could happen, which could reverse the trend.”

“Things tend to have a pattern,” he said. “If things can last three months, four months, then the rest of the year is likely to last.”