On July 25th, the Hong Kong Exchange Future Tech Summit 2024 was held in Shenzhen. Journalists at the event noticed that the CEO of Hong Kong Exchange, Charles Li, delivered a speech. Li said that China, as the world's second-largest economy, plays a pivotal role in the world economy, and technology has become the primary productivity as China continues to deepen its reform process. "As an example, more than 4,500 AI companies are deeply cultivating their respective subdivisional fields in China, and new-generation AI applications represented by large models are rapidly iterating. By the end of 2023, the core industry scale of artificial intelligence in China is close to RMB 580 billion," said Li. Li also mentioned that over the past 10 years, the total amount of new stock financing in the Hong Kong Exchange has been around USD 294 billion, and the cumulative first offering of funds has led the world, especially since a series of listing system reforms since 2018, which have greatly stimulated the vitality of the Hong Kong market and made the Hong Kong Exchange a preferred listing platform for new economy companies. (Each Economy)