The steady grasp of a robotic arm, service robots navigating building corridors, autonomous driving systems simulating complex road conditions in real-time, low-orbit communication satellites weaving their network... From the 7th to the 8th, a joint media delegation focused on "Aligning with the '16th Five-Year Plan' and Leveraging New Advantages" visited privately-owned technology innovation enterprises in Beijing. Media representatives from the mainland, Hong Kong, and Macau gained firsthand insight into the deep integration of Beijing's innovative capabilities with the platform advantages of Hong Kong and Macau.
Listing in Hong Kong for Capital Empowerment
On June 26th, Wenge officially listed on the Hong Kong Stock Exchange. This AI company, which grew from a research team, focuses on enterprise-grade large language models and decision intelligence, serving sectors like public services, media & communications, and commercial enterprises. "What most attracted us to Hong Kong was its international business environment and its unique role as a bridge connecting the mainland with international markets," said Wang Lei, Chairman of Wenge. He stated the company hopes its Hong Kong listing will further open up international capital market financing channels, providing strong support for its continued focus on core technology, iteration of AI products, and expansion of application scenarios.
YUNJI is another representative enterprise listed in Hong Kong. As a company focused on the R&D and commercialisation of robotic service agents, its products have entered numerous scenarios globally, including hotels, factories, hospitals, buildings, and supermarkets. Following its Hong Kong listing, the company has further advanced towards comprehensive competition encompassing capital, brand, governance, and global capabilities. The globally leading autonomous driving technology company, WeRide, is also listed on the Hong Kong Stock Exchange, forming a dual primary listing structure with its US listing. "Hong Kong acts as an 'amplifier' for corporate financing channels, capable of attracting both overseas capital and mainland funds. This two-way capital flow can greatly support a company's expansion and development," said Han Xu, Founder and CEO of WeRide.
Data from Hong Kong Exchanges and Clearing Limited shows that in 2025, 119 new companies were listed in Hong Kong, with 109 being mainland enterprises, accounting for 92%. The total equity financing raised by mainland enterprises for the year was approximately HK$572.9 billion, representing 89% of Hong Kong's total equity financing. With the launch of the "Tech Specialist" listing regime, the Hong Kong capital market is further facilitating the listing applications of specialist technology companies under Chapter 18C and pre-revenue biotech companies under Chapter 18A of the Main Board Listing Rules.
Joining Forces to Go Global and Connect with the World
Delivery robots autonomously navigate hospital wards, pharmacies, and laboratories, intelligently completing the sealed transport of medicines, test samples, and medical supplies... Today, YUNJI robots have been deployed in hospitals in Hong Kong and overseas. "Going global is not an accidental choice, but an essential path for a company's evolution from scale expansion to high-quality growth and from being big to being strong," said Xie Yunpeng, Chief Development Officer of YUNJI. He noted that Hong Kong and Macau serve as vital bridges and key gateways for mainland enterprises to expand overseas, and the company hopes to deeply connect with global markets through its international headquarters in Hong Kong.
In June, WeRide, Geely's Yuan Cheng, and Hong Kong's Kwoon Chung Bus Group signed a cooperation agreement in Hong Kong to develop Robotaxi models for right-hand-drive markets, with Hong Kong as the first pilot city. "The experience gained from localization adaptation and scenario deployment in Hong Kong will become a core template for our subsequent expansion into many left-hand-drive countries and regions worldwide," Han Xu believes, stating this lays the foundation for the global deployment of autonomous driving business.
The Hong Kong SAR Government has led multiple "joint venture" business delegations on visits overseas, aiming to leverage Hong Kong's unique advantage under "One Country, Two Systems" of being backed by the motherland while connecting with the world. In June, the largest business delegation of the current-term government, including over 40 Hong Kong business and professional representatives and 30 mainland enterprise representatives, visited Central Asia, resulting in 96 cooperation agreements and memoranda involving over US$1.65 billion.
Macau's platform for Portuguese-speaking countries, its convention and exhibition resources, and its coordinated development with Hengqin are becoming distinctive channels for mainland enterprises to connect with the world. The AI company Puqiang has established a tripartite linkage between Beijing, Hengqin, and Macau: Beijing serves as the core technology R&D and talent base, Hengqin as the industrialisation and operational headquarters, and Macau as the international window and springboard for overseas expansion. "Macau's dense concentration of scenarios like hotels, tourism, and cross-border finance provides an excellent testing ground for the multilingual and international capabilities of AI products," said He Guotao, CEO of Puqiang.
Dyna Tech leverages Macau's convention and exhibition platforms to showcase its "AI+Dark Lab" solutions, presenting its laboratory automation and intelligent achievements to Portuguese-speaking countries and numerous international partners.
Collaborative Innovation to Serve National Strategies
Facing the national "16th Five-Year Plan", the coordinated development of Beijing, Hong Kong, and Macau promotes the synergy of talent, technology, and application scenarios to serve the nation's goal of achieving self-reliance and strength in science and technology. In Hong Kong, YUNJI and The Hong Kong Polytechnic University jointly established a Hotel Digital Intelligence Joint Innovation Laboratory, collaborating on the application of AI and embodied intelligence in hotel service scenarios. The robots steadily delivering items in hotel corridors are backed by the engineering capabilities of Beijing-based enterprises, the research strengths in hotel management from Hong Kong universities, and Hong Kong's international service industry scenarios.
"Hong Kong and Macau are crucial components in our company's development layout," said Sun Dengke, CFO of Galaxy General. The company registered a Hong Kong subsidiary and established an international headquarters early on, utilizing this platform to attract international talent and connect with vast overseas resources, fully leveraging Hong Kong's advantages as a free port. "Moving forward, we will continue to rely on the unique advantages of Hong Kong and Macau to focus on the embodied intelligence sector, striving to lead global industry development," he added.
The commercial aerospace unicorn Galaxy Aerospace has successfully launched over 40 technologically advanced satellites to date and conducted the first successful verification of a connected unmanned vehicle system in Hong Kong using low-orbit satellite internet. In the view of Huang Heping, General Manager of International Business Expansion, cooperation with Hong Kong holds broad prospects. "We see the SAR government now focusing on aerospace, and Hong Kong's exploration in telecommunications is also at the forefront," he said, expressing hope for deepening cooperation with Hong Kong in the future to jointly explore global markets.
To better align with the national "16th Five-Year Plan", Hong Kong will formulate its first five-year plan this year, and Macau will usher in its "third five-year" plan. Xie Yunpeng believes this will bring more opportunities for technology innovation enterprises. "Hong Kong and Macau possess the institutional advantage of 'One Country, Two Systems'. We hope to continue walking hand in hand in the future, enabling Chinese enterprises to leverage their innovation and service capabilities to provide value globally."
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