Our Partner Ms. Rossana Chu was interviewed by Hong Kong Economic Journal in the article entitled “中企弃港赴美追逐上市梦  ” (Chinese companies abandon Hong Kong and go public in United States) and shared her comments on the issues of Hong Kong IPO. The article was published on Hong Kong Economic Journal Monthly Issue No. 567, 6/2024.

Abstract:

Chinese companies abandon Hong Kong and go public in United States - the industry is worried Hong Kong IPO cannot reach the high (Chinese companies) or accept the low (small companies)

Hong Kong has always been proud of its complete and professional IPO industry chain and has been the preferred listing place for mainland Chinese companies for a long time. However, the economies and stock markets of China and Hong Kong are weak, and corporate profits have been heavily reduced.  Hong Kong's high threshold listing requirements have been existed in name only for the small and medium-sized enterprises have chosen to give up Hong Kong and listing in the United States. The financial industry urges the Stock Exchange of Hong Kong to shift its thinking, focus on development rather than supervision, and not only target on attracting big corporations.

To read the article, please visit: https://monthly.hkej.com/monthly/article/id/3789656/中企弃港赴美追逐上市梦%20%20%20 - (Chinese version only)