Chinese tech firms shine in Hong Kong with strong debut listings, boosted by Beijing’s tech independence drive

Chinese technology firms making their market debut in Hong Kong have shown remarkable returns in 2026, aligning with the investors’ confidence in Beijing’s vision for technology self-reliance. Key players like Shanghai Biren Technology and OmniVision Integrated Circuit Group experienced an impressive 30% average surge on their initial public offerings (IPOs) surpassing the market average of 24%, reflecting the growing significance of tech self-reliance amidst China’s five-year development plan emphasizing cutting-edge technologies. Institutional investors are actively pursuing tech IPOs to diversify into AI and advanced manufacturing sectors fueled by the surge in new company listings in Hong Kong this year, drawing…