According to CoinMeta, Huang Jinquan, the head of capital markets at PwC Hong Kong, stated in an exclusive interview with Jiemian News during the 9th China International Import Expo that the booming trend of Hong Kong's cross-border IPO market since 2026 is expected to continue. He pointed out that the current market activity is the result of a combination of three factors: the industrial cycle, global capital allocation, and the optimization of Hong Kong's listing system. Huang Jinquan mentioned that the current industrial cycle has entered a phase of accelerated growth and financing, with AI infrastructure, semiconductor, high-end manufacturing, and robotics companies moving from research and development investment to capacity expansion and commercialization, requiring more participation from Chinese and international investors. At the same time, international capital still values the Chinese market and seeks opportunities to invest in high-quality AI and technology industries. The system of Hong Kong's IPO market continues to be optimized, with the introduction of the 18c listing chapter in 2023 and the establishment of a dedicated channel for tech companies in 2025 improving the efficiency of application communication. The Hong Kong market also accepts the A+H path, allowing leading technology companies already present on the mainland to access international capital through Hong Kong's IPO market.