Hong Kong will launch a scheme to streamline listings for technology firms, aiming to attract more offshore fundraising as Chinese companies accelerate capital-raising efforts. The Hong Kong Stock Exchange (HKEX) will introduce a ‘technology enterprises channel’ to facilitate listings, particularly for specialist tech and biotech firms already listed in mainland China, Financial Secretary Paul Chan announced in his 2025-26 budget. The Securities and Futures Commission (SFC) is working with HKEX to smoothen the application process, allowing issuers to address listing concerns earlier. The initiative aligns with global trends to lower listing thresholds, aiming to boost the exchange’s competitiveness. The move follows regulators’ calls for investment banks to expedite Chinese firms’ listings, amid improved investor sentiment and Beijing’s support for private enterprises.