View of Hong Kong Exchanges and Clearing Ltd Photo: VCG

Since the beginning of 2026, Chinese mainland companies' enthusiasm for being listed on the Hong Kong stock market has continued to rise, with multiple firms on Wednesday obtaining approval from the China Securities Regulatory Commission (CSRC) for Hong Kong IPOs. Mainland companies' active listings in Hong Kong reflect both their own development strategies and policy dividends, analysts said, adding that they expected continued capital inflows to China's A- and H-shares.

According to the CSRC website, Shanghai-based Huaqin Technology Co, a global intelligent product platform enterprise, plans to issue 101.57 million shares overseas and list on the Hong Kong Exchanges and Clearing Ltd (HKEX). 

Delton Technology (Guangzhou) Inc, a company engaged in the research, development, and production of printed circuit boards, plans to issue 54.39 million shares overseas and list on the HKEX. In addition, Chinese electric vehicle manufacturer Voyah Automotive Technology received listing approval on Wednesday, according to the CSRC website.

Mainland enterprises' demand for business expansion and overseas growth is one of the key driving factors behind their listings in Hong Kong, Dong Shaopeng, a senior research fellow at the Chongyang Institute for Financial Studies at Renmin University of China, told the Global Times on Wednesday.

A-share company Guangzhou Great Power Energy and Technology Co announced on January 6 that it planned to list in Hong Kong in order to "deepen its global strategic layout, enhance comprehensive competitive strength in the international market, build an international capital operation platform, and strengthen its overseas financing capability," according to a filing with the Shenzhen Stock Exchange.

The continued increase in both A- and H-share listings is closely linked to the sustained release of institutional dividends. As the number of "A+H" listed companies climbs, supervisory collaboration between the mainland and Hong Kong will continue to deepen, continuously consolidating the foundation of the connectivity between the capital markets of the mainland and Hong Kong, Yang Delong, chief economist at Shenzhen-based First Seafront Fund, told the Global Times on Wednesday.

In recent years, the central government has rolled out multiple measures to boost cooperation between the capital markets of the Chinese mainland and Hong Kong. As part of the push, the CSRC announced in April 2024 that it would support the listing of leading mainland companies in Hong Kong. 

In response to increased Hong Kong IPO activity, the Ministry of Finance and the CSRC jointly announced in November 2025 that they had authorized two more mainland accounting firms to audit H-share companies.

"Promoting the high-level opening-up of China's financial market is of great significance. We will continue to promote connectivity between the financial markets of the mainland and Hong Kong, support and facilitate global investors in conducting yuan-denominated investment and financing in Hong Kong, and deepen links between the mainland and Hong Kong, as well as between Hong Kong and the world," Zou Lan, deputy governor of the People's Bank of China, the country's central bank, said at the Asian Financial Forum held in Hong Kong on Monday, according to a report by China Fund News.

The pace of listings in the Hong Kong Special Administrative Region has accelerated significantly in recent years amid a broader trend where both capital markets and innovative enterprises are pivoting toward China and the wider Asian region, Dong said, noting that more international capital is expected to flow into China amid the boom in the next wave of technological innovation.