On December 3, 2025, the “10th Zhitong Financial Capital Market Annual Conference and Listed Company Award Ceremony”, co-hosted by Zhitong Finance, the leading domestic Hong Kong and US stock information platform, and Xinzhi Fund Network, a one-stop service platform for Chinese overseas private equity funds, and exclusively hosted by Donova, a comprehensive financial PR service provider, was grandly opened in Shenzhen. With the core theme of “Defeating the Rising Wave of Hong Kong Stocks and Niu Qi Dongfang 2026”, this year's event brought together executives from more than 300 Hong Kong and US listed companies, representatives of more than 100 top financial institutions, and more than 1,000 professional investors to witness 231 outstanding companies and their core management winning 25 annual awards to discuss new opportunities for the bull market.
Bull market kicks off: capital policies are driven by two wheels, and Hong Kong stocks are the focus of global capital
In 2025, a wave of global easing swept through, and the Hong Kong stock market became the center of global capital attention due to its strong resilience. The Hang Seng Index and Hang Seng Technology Index rose above 30% during the year. Net capital inflows to the south exceeded HK$1.2 trillion. The average daily turnover climbed to HK$256.4 billion in the first three quarters, surging 126% from the same period in 2024. The two-wheel drive of capital and policy made the Hong Kong stock bull market more stable.
The hard-core power of China's intelligent manufacturing has also become the core engine for the revaluation of Hong Kong stocks. From the booming development of intelligent driving to the explosion of the humanoid robot industry, from breakthroughs in the localization of the 28 nm semiconductor process to the doubling of revenue from innovative drugs going overseas, hard technology companies continue to inject surging momentum into the market. The Hong Kong Stock Exchange's “Science and Enterprise Hotline” helped more than 60 technology companies enter the capital market within half a year, and Hesai Technology even created a “one-day customs clearance” miracle.
As of November, the total amount of capital raised by Hong Kong stock IPOs was over HK$230 billion, an increase of more than two times over the previous year, returning to the top of the global IPO fundraising list. The three major sectors of new consumption, technology, and pharmaceuticals became the main force in the listing. As policy dividends continue to be released, the return of Chinese securities and A+H dual listing gradually became a trend. International long-term funds and Chinese institutions together formed a solid support for the market, saving deep energy for the bull market.

The pinnacle of intelligent exchange: top celebrities dismantle the logic of the bull market and anchor the main investment line in 2026
Under the rising waves of the bull market, how can we grasp the pace and anchor excess profits? This year's festival focused on the forward-looking theme of “Niu Qi Dongfang 2026,” and specially invited heavyweight guests gathered to present a collision of ideas with top wisdom. Industry leaders such as Xing Ziqiang, China's chief economist at Morgan Stanley, Ji Mo, managing director and chief Chinese economist at DBS Bank (Hong Kong), Zhang Yidong, co-director of the Economic and Finance Research Institute of Societe Generale Securities, and Yun Lei, head of the international business department and fund manager of China Southern Fund, took a global macro perspective to deeply analyze new trends in cross-border capital under the inflection point of liquidity. Interpreting the relative valuation opportunities of the Hong Kong stock market provided participants with insight to accurately predict the main investment lines in 2026.
As an information leader in Hong Kong and US stocks, Zhitong Finance has been growing with the capital market since its establishment in 2015. Relying on the filing qualifications of the Central Internet Information Office, it exports thousands of pieces of information and tens of thousands of pieces of data every day, covering mainstream trading terminals in the entire industry, and serving more than 600 global listed companies. Through ecological matrices such as GMT EIGHT and Xinzhi Fund Network, “roadshow” technology is used to enable capital connections to witness and help revalue China's assets. This festival is also an important practice for Zhitong Finance to use its platform advantages to build a bridge of efficient dialogue between industry and capital.
Crowned with honor: 231 companies and managers won 25 annual awards
The award ceremony that night was full of stars, and the awards were well deserved. The list covers 18 corporate awards and 7 individual and team awards, including the “2025 Golden Hong Kong Stock Exchange Award”, “Best Hong Kong Stock Connect Company”, “Best ESG Innovation Award”, and “Most Valuable Artificial Intelligence Company”, which recognize outstanding corporate benchmarks in various fields; “Best CEO of the Year”, “Best CFO of the Year”, “Best Executive Director Award”, and “Best IR” pay tribute to core managers who have made outstanding contributions to corporate governance and capital operations.
Judging from the list of winners, the companies on the list include not only the backbone of traditional dominant industries such as finance, energy, real estate, and automobiles, but also leaders in cutting-edge fields such as artificial intelligence, biotechnology, advanced manufacturing, and green technology — these companies have won wide recognition in the capital market with their excellent level of corporate governance, continuous innovation ability, and operational resilience across the market cycle, and have become the core force leading the development of China's new quality productivity.

The detailed list is as follows:
2025 Golden Hong Kong Stock Awards:
China Electric Power (02380), Preferred Choice (09880), Horizon Robot-W (09660), Safe Doctor (01833), Lenovo Group (00992), BeiGene (06160), Paradigm Intelligence (06682), CITIC (00267), Jingtai Holdings (02228), China Hongqiao (01378).
Best Hong Kong Stock Connect Company:
China Resources Drinks (02460), Jitu Express - W (01519), Black Sesame Smart (02533), Jin Jing Xinneng (01783),
Pharmaceutical Federation (02268), Xiansheng Pharmaceutical (02096), Tiangong International (00826), Shanghai Industrial Holdings (00363),
Yuanda Pharmaceutical (00512), Boleyton (01333), Jiufang Smart Investment Holdings (09636), Zhaojin Mining (01818), Dekang Agriculture and Animal Husbandry (02419), Wanguo Gold Group (03939), Ruipu Lanjun (00666).
The most valuable stock to invest in:
Wenyuan Zhixing (WRD.US), Huiz.US (HUIZ.US), Century Internet (VNET.US), YRD.US (YRD.US), Auto Home (ATHM.US), Water Drop (WDH.US), Yuexiang Holdings (CHR.US), Burning Stone Medicine (BNR.US), Huya.US (HUYA.US), Universal Data (GDS.US), Qimeng (HERE.US), Yasheng Pharmaceuticals (AAPG.US) Network (YI.US), Shengda Technology (SDA.US) ), Baidu Group (BIDU.US), iRecycle (RERERE.US), Lexin (LX.US).
Best ESG Company Award:
US-China Jiahe (02453), Shenzhou Holdings (00861), TCL Electronics (01070), Lenovo Holdings (03396), Ctrip Group-S (09961), Sunshine Insurance (06963), China Chunlai (01969), Renrui Talent (06919), GCL New Energy (00451), GCL Technology (03800), Mobile Card (09923), Bank of Harbin (06138), Lingxiong Technology (02436), SF Tongcheng (096) 99), Li Ning (02331), BYD Co., Ltd. ( 01211), Fukujuen (01448), Central New Energy (01735), Morimatsu International (02155), and Seiki New Energy (03677).
Most Valuable Consumer Companies:
Overlord Tea Princess (CHA.US), Nai Xue's Tea (02150), TCL Electronics (01070), Weilong Meimei (09985), Youquhui Holdings (02177), Mao Geping (01318), Dashi (01405), China Free (01880), Winner Fashion (03709), Zhou Heiya (01458), Baiguoyuan Group (02411), Shangmei (02145), Tourover W (09690), Urban Beauty 02298), from Yu Zhinong (00875), small vegetable garden ( 00999), Sihuan Pharmaceutical (00460).
Most Socially Responsible Listed Companies:
China Mobile Games (00302), Zhongtong Express - W (02057), Lianyirong Technology-W (09959), China Confucian (00136), Celadon Games (06633), Yadi Holdings (01585), Tianlun Gas (01600), Baiao Family Interactive (02100), Bosideng (03998).
Companies with the most investment potential:
Yingxing Holdings (01440), Legend of Superstar (06683), Pulin Chengshan (01809), Lansi Technology (06613), 51Talk (COE.US), Kangzhe Pharmaceutical (00867), Hilway Metal Mining (SVM.US), Junshengtai Pharmaceutical-B (02511), Zibu (02420), Zhongmiao Holdings (01471), Huaxing Capital Holdings (01911), Ed Wei Xuan Group (09919), Keji Pharmaceutical-B (02171), Deqi Pharmaceutical-B (06996), Midea Group ( 00300), Tianli International Holdings (01773), Chizicheng Technology (09911), KEEP (03650), Shangshan Gold (01939), Qianxun Technology (01640), Clover Bio-B (02197), Harmony Auto (03836), Little Yellow Duck Deying (02250), CIMG (IMG.US), JiZhijia-W (02590), Fu Hong Han Lin (02696), GCL Global (GCL.US), Tianji Holdings (0 shares) 1520), Tianlun Gas (01600) , Yikatong Technology (ECX.US).
Most Valuable Artificial Intelligence Company:
Youjia Innovation (02431), Tianrunyun (02167), Dipu Technology (01384), Yuanzheng Technology (02488), Bairongyun-W (06608), Maifushi (02556), Shengye (06069), Yidu Technology (02158), chalk (02469), Youdao (DAO.US), Yixin Group (02858), Qiniu Smart (02567), Xinfei Medical Technology (02506), Baiwang shares (06657) Qizhi (02121), Guangdong Harbour Holdings (01396), Network Dragon (00777), Shangtang-W (00020), Botai Auto Union (02889), Suteng Juchuang (02498), Zhongan Online (06060), Wanjia Online (01762), Huitongda Network (09878).
Most Valuable Real Estate and Property Companies:
Ocean Service (06677), New Hope Service (03658), New World Development (00017), Xuhui Holding Group (00884).
Best Energy & Resources Company:
CGN Mining (01164), Huiyang New Energy (EPOW.US), China Xuyang Group (01907).
Best Infrastructure and Utilities Company:
Binhai Investment (02886), China Water (00855), Kunlun Energy (00135), Rongli Construction (09639), China Gas (00384).
Most Valuable Pharmaceutical Company:
China Biopharmaceutical-B (02142), Lepu Biopharmaceutical-B (02157), China Antibody-B (02157), China Antibody-B (03681), Kangchen Pharmaceutical (01681), Laikai Pharmaceutical-B (02105), CSPC Group (01093), Biosetu-B (02315), Genting Xinyao (01952), Jingfang Pharmaceutical-B (02595), Sansheng Pharmaceutical (01530), Wayu-B (02256), Jixi Pharmaceutical-B (02256) (02616), Quanxin Bio-B (02509), Peger Biotech Pharmaceutical-B (02565), Hualing Pharmaceutical-B (02552), Junshi Biotech (01877), Kangfang Biology (09926), Hengrui Pharmaceutical (01276).
Most Valuable Healthcare Company:
Xinwei Medical-B (06609), Yonghe Medical (02279), Peijia Medical-B (09996), Ark Biker (06086), Health Path (02587), Eddycon Holdings (09860), Gushengtang (02273), Guichuang Tongqiao (02190), Jingdong Health (06618), Zhiyun Health (09955), Jianshi Technology-B (09877).
Best TMT Company:
Zulong Entertainment (09890), Zulong Entertainment (09990), Qi Yi Technology (01739), Xuanwu Cloud (02392), Fubo Group (03738), Ruisheng Technology (02018), Connett Optics (02276), and Heartbeat (02400).
Most Valuable Industrial Manufacturing Company:
Jingke Electronics Co., Ltd. (02551), Luyuan Group Holdings (02451), and Tsugami Machine Tool China (01651).
Best ESG Innovation Award:
Longhu Group (00960), South China Vocational Education (06913), Zhonghui Group (00382), Wuling Auto (00305), Baozun E-Commerce (BZUN.US), Weimeng Group (02013), Haidilao (06862), Celadon Games (06633), Dream World (01119), CEC (00798), Fosun International (00656).
Best financial stock company:
Xingzheng International (06058), Ruihe Digital (03680), Shenzhen Fanlink (CNF.US), Guofu Quantum (00290), and Lianhe Digital (02598).
The most popular IPOs among investors:
YunZhisheng (09678), Zhida Technology (02650), Zhou Liufu (06168), Hesai-W (02525), Yunji (02670), Joyson Electronics (00699), different groups (06090), Weisheng Pharmaceutical-B (02627), Celis (09927), MIRXES-B (02629).
Best CEO Award:
Wenyuan Zhixing (WRD.US), Zupang (09890), China Biopharmaceutical (01177), Yun Zhisheng (09678), Lenovo Group (00992), Universal Data (GDS.US), Zhonghui Bio-B (02627), SF Tongcheng (09699), China Hongqiao (01378), Tianlun Gas (01600), Yasheng Pharmaceutical-B (06855).
Best CFO Award:
Century Internet (VNET.US), Hong Kong China Gas (00003), China Finance (01880), Bubble Mart (09992), Modern Animal Husbandry (01117), Paradigm Intelligence (06682), Peger Biomedical-B (02565), Sihuan Pharmaceutical (00460), CGN Mining (01164).
Best Executive Director Award:
Enjoy Group (06988), Boleyton (01333), Innovation and Wisdom (02121), Ruipu Lanjun (00666), China Hongqiao (01378), Little Yellow Duck (02250).
Best IR Award (individual):
Suntech Agency (STG.US), Hebo Pharmaceutical-B (02142), Wuling Auto (00305), Peer Hunting (06100), Shanghai Industrial Holdings (00363), Zhonghui Bio-B (02627), Heyu-B (02256), Modern Animal Husbandry (01117), Fubo Group (03738), Gloria Ying (06821), China Hongqiao (01378).
Best PR Award (individual):
Jinshanyun (03896), Maifushi (02556), Junshengtai Pharmaceutical-B (02511), China Feihe (06186), Zhaojin Mining (01818).
Best IR Team Award:
Binhai Investment (02886), Hebo Pharmaceutical-B (02142), Yonghe Medical (02279), Laikai Pharmaceutical-B (02105), Mao Geping (01318), Dashi (01405), Youdao (DAO.US), Huitongda Network (09878), Cornerstone Pharmaceutical-B (02616), Guangdong Hong Kong Bay Holdings (01396), NetDragon (00777), Shunyu Optical Technology (02382), Shangtang (00020) Tai Holdings (02228), Dekang Agriculture and Animal Husbandry (02419), Hesai-W (02525)
Best PR Team Award:
Overlord Tea Princess (CHA.US), Legend of Superstar (06683), Pleasant Intelligence (YRD.US), Haidilao (06862), Baiji Shenzhou (06160), Weisheng Pharmaceutical-B (02561), Lingxiong Technology (02436), Heyu-B (02256), Eneng Logistics (09956), Fosun International (00656), Anta Sports (02020), Suteng Juchuang (02498), Shenzhou Holdings (00861).
Moving forward together: the series of events lasts a long time, drawing a new chapter of 2026 value
Based on the present, Chinese enterprises and capital markets are embracing global opportunities with a more mature and open attitude. The successful conclusion of this award ceremony is not only a tribute to the outstanding companies of the past year, but also a prelude to the path of shared value creation in 2026.
Even though the event came to an end, the excitement continued. Following this, a series of major events will be launched, such as the “Zhitong Finance Lunar New Year Strategy Meeting” (100+ intensive roadshows for listed companies), the “3rd Chinese Overseas Funds Summit Forum and New Intelligence Award Ceremony”, and the “7th Golden Central Forum” to be held in Hong Kong. Zhitong Finance will continue to be supported by the trifecta of information, data, and resources to build an efficient docking platform between industry and capital, gather wisdom and resources from various sources, help Chinese enterprises seize bull market opportunities and achieve value breakthroughs on the global capital stage, and work with all market participants to create a new chapter in 2026.
