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Story summary
- During China’s two sessions, Hong Kong leaders said ties with mainland capital markets could boost its status as a financial center.
- Tan Yueheng of the Chinese Securities Association of Hong Kong said closer collaboration would bolster mainland financial system resilience and yuan internationalization.
- Premier Li Qiang said capital markets stabilized in 2025, with Hong Kong raising HK$285.8 billion from 119 IPO listings and the exchange reporting 488 active IPO applications.
