[Paul Chan: Hong Kong as a Safe Haven for Investors' Funds] Odaily Planet Daily News - Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, published a blog on the 5th, stating that the average daily turnover of Hong Kong stocks in March exceeded HK$300 billion, an increase of over 8% compared to the same period last year. This reflects Hong Kong's role as a reliable safe haven for funds. Coupled with stable economic growth in mainland China and a large number of high-quality enterprises listing in Hong Kong, it provides investors with numerous investment opportunities. Paul Chan noted that as of March 27, Hong Kong's IPO (Initial Public Offering) fundraising amount this year has exceeded HK$103 billion, ranking first globally. Including subsequent financing, the total fundraising scale is approximately HK$237 billion. More importantly, an increasing number of companies listing in Hong Kong are from emerging industries. Currently, there are over 500 applications pending for listing in Hong Kong. It can be said that more and more companies view Hong Kong as an important window for financing and "going global" development. (China News Service)