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The CEO of the Hong Kong Stock Exchange, Bonnie Chan Yi-ting: The simultaneous listing of Greater Bay Area companies in Hong Kong and Shenzhen will not dilute market liquidity.

Breakings ·  Jun 16 16:13

The "Opinions on Deepening Reform and Innovation in Shenzhen's Comprehensive Reform Pilot Program" was recently released, which states that enterprises from The Guangdong-hk-macao Greater Bay Area-related listed on the Hong Kong Exchange are allowed to be listed on the Shenzhen Stock Exchange according to policy regulations. On June 16, Bonnie Chan Yi-ting, the CEO of the Hong Kong Exchange, stated in an interview regarding the "H+A" listing mechanism that the simultaneous listing of Greater Bay Area enterprises in Hong Kong and Shenzhen helps to expand investor coverage and will not dilute market liquidity. It is understood that the Hong Kong Exchange is currently processing listing applications for over 160 enterprises, nearly 20 of which expect to raise over 1 billion dollars. Regarding attracting foreign-funded enterprises to list in Hong Kong, Bonnie Chan Yi-ting pointed out that the advantages of Hong Kong in terms of internationalization, liquidity, and regulatory system make it the "best choice" for mature companies from Southeast Asia and the Middle East to have a secondary listing. According to statistics, in the past year, 3 Singaporean companies and 1 Thai enterprise have completed listings on the Hong Kong Exchange, and Capital A, the parent company of a Southeast Asian airline, is studying a dual listing on the Hong Kong Exchange.

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