The golden gong "sitting" in the Financial Hall of the Hong Kong Stock Exchange has taken to the streets recently, appearing next to the clock tower in Tsimshatsui, Central Ferris Wheel, Golden Bauhinia Square and other places. In the frenzy of Hong Kong's new stock market, Jinluo has stepped out of the "big house gate" for the first time, arousing strong interest among people. In recent years, the reporter has participated in multiple listing ceremonies held by the Hong Kong Stock Exchange. Since the beginning of this year, it is evident that the frequency of IPOs is increasing and the scale of fundraising is growing. As of June 30th, the initial public offering (IPO) in Hong Kong raised over HKD 105 billion, ranking first in the global capital market. Among them, the IPO fundraising scale of CATL, which went public in Hong Kong in May, broke the record in recent years for Hong Kong stocks and sounded the "grand gong of opening up". Since December 2011, whenever a new company goes public in Hong Kong, its family members will ring the golden gong at the Financial City Hall, adding to the atmosphere of the listing ceremony. Since then, the gong beating ceremony has become one of the most important symbols of the Hong Kong Stock Exchange. This gong is carefully crafted by traditional craftsmen and is mainly divided into two types: the Kaiyun big gong, which is 273 centimeters high and weighs 269 kilograms; A standard golden gong, measuring 192 centimeters in height and weighing 64 kilograms. Now when people think of Hong Kong stock market listing, they think of Jinluo. The golden gong holds extraordinary symbolic significance for Hong Kong, an international financial center. ”Hong Kong Stock Exchange Group CEO Chen Yiting said. The golden gong that has sounded over a thousand times in Central not only records many shining moments in the growth of Hong Kong's capital market, but also reflects the new vitality of Hong Kong's economic transformation in recent years. More and more mainland enterprises are coming to Hong Kong to beat the gong. In 1993, Qingdao Beer marked the beginning of mainland enterprises entering the Hong Kong capital market. Subsequently, waves of mainland companies from various industries went public in Hong Kong. As of now, the number of listed companies in Hong Kong has exceeded 2600, with mainland enterprises accounting for 81% of the overall market value. The Hong Kong capital market has become a springboard and gateway for mainland enterprises to "go global". The New Economy Company is beating the gong on the same stage. In April 2018, the Hong Kong Stock Exchange began accepting applications for listing from companies with a "same share, different rights" structure and new economy companies such as biopharmaceuticals. The number and financing amount of new economy companies listed in Hong Kong have significantly increased. For this purpose, the Hong Kong Stock Exchange has specially customized a super large gong that is 273 centimeters high and weighs 269 kilograms. On busy days of the listing ceremony, it is also common for two companies to strike the same gong and multiple companies to strike the gong on the same stage, leaving a deep impression on reporters. The people waiting in line to beat the gong are still enthusiastic. In the first half of this year, Hong Kong completed 42 initial public offerings, raising a total of over HKD 107 billion, which is about 22% more than last year and currently ranks first in the world. On the 6th, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, posted on his blog that the market is generally optimistic about the performance of the Hong Kong stock and new stock markets in the second half of the year. The number of IPO applications in Hong Kong is rapidly increasing, with about 200 applications received so far, doubling the number at the beginning of the year. The enthusiasm of the new stock market has driven the activity of the Hong Kong capital market, which not only helps enterprises integrate into the international market more smoothly, but also successfully promotes the development of the Hong Kong economy. According to a report by Hang Seng Bank, the inflow of funds into Hong Kong has significantly increased in the past year, from $366 billion in early 2024 to $506 billion in April 2025, the highest record since 2000. Looking back on the past, amidst the sound of gongs, Hong Kong has become an international financial center, providing an efficient and transparent platform for global capital to participate in China's economic transformation and upgrading. In the future, enterprises and capital will continue to "rush in both directions" with each drumbeat, promoting Hong Kong's economy to achieve new and higher quality development. (New Society)