2025 is a year of full recovery in the Hong Kong stock market. Looking back at 2021 to 2024, the Hong Kong stock market can be described as going through a “cold winter”. During that time, the Hang Seng Index once fell by more than 50%, and the continued “killing valuation” market pessimism spread. After gaining momentum in the second half of 2024, the “9/24” market was booming, and the launch of DeepSeek in early 2025 instantly activated the Hong Kong stock market, making the world re-examine the value of China's technology assets. This expectation of an industrial boom triggered by technological breakthroughs quickly spread to all aspects of the capital market, laying a solid foundation for a comprehensive counterattack by Hong Kong stocks. This round of counterattacks not only promoted the restructuring of the Hong Kong stock market's valuation, but also set historical records in various dimensions such as IPOs, refinancing, secondary markets, and connectivity.

2025 is a year of full recovery in the Hong Kong stock market. Looking back at 2021 to 2024, the Hong Kong stock market can be described as going through a “cold winter”. During that time, the Hang Seng Index once fell by more than 50%, and the continued “killing valuation” market pessimism spread. After gaining momentum in the second half of 2024, the “9/24” market was booming, and the launch of DeepSeek in early 2025 instantly activated the Hong Kong stock market, making the world re-examine the value of China's technology assets. This expectation of an industrial boom triggered by technological breakthroughs quickly spread to all aspects of the capital market, laying a solid foundation for a comprehensive counterattack by Hong Kong stocks. This round of counterattacks not only promoted the restructuring of the Hong Kong stock market's valuation, but also set historical records in various dimensions such as IPOs, refinancing, secondary markets, and connectivity.