In the News: HKEX Rebounds; China Launches New Technology Fund; and New Zealand T&G Wins Plant Variety Case

Hong Kong stock market rebounds when Chinese government halts Swiss listings; China backs AI with government investment fund; and China’s Supreme People’s Court further protects intellectual property rights in apple plant varieties.

By Brian Chan

In the News: HKEX Rebounds; China Launches New Technology Fund; and New Zealand T&G Wins Plant Variety Case

Geopolitical Tensions Help Revive Hong Kong Stock Exchange

A slew of mainland Chinese firms have launched major IPOs on Hong Kong’s stock exchange (HKEX), raising hopes that it will recover from its poor performance since COVID, Reuters reports.

According to data from Dealogic, there has been $1.44 billion worth of IPOs in Hong Kong up to early March—a strong revival since 2021.

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