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The Market Cap of the Hong Kong stock exchange's New energy Fund Sector has grown to 568 billion US dollars.

AASTOCKS ·  May 15 09:05

The head of the Global Listing Services Department of the Hong Kong Exchange (00388.HK), Xu Jingwei, published an opinion article stating that as China plays an increasingly important role in promoting global green transformation, the ecosystem of the New energy Fund in the Hong Kong Capital Markets is also continuously expanding. As of March this year, the Market Cap of the New energy Sector in Hong Kong has grown to 568 billion USD, an increase of more than four times compared to 125 billion USD in 2015, with the New energy Sector accounting for 12.5% of the total Market Cap of the Hong Kong market.

Additionally, as of May 6 this year, 11 New energy companies have submitted listing applications. It is believed that the Hong Kong Capital Markets can help New energy companies in Asia connect with global capital to achieve their goals of going international. The Exchange will focus on building an effective platform for the connection between green Technology and global capital, promoting Global sustainable and innovative economic development.

The translation is provided by third-party software.


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