The Hong Kong Stock Exchange and the Hong Kong Securities and Futures Commission have made contact with some relevant companies regarding the intention for the return of Chinese concept stocks.

date
29/04/2025
avatar
GMT Eight
On April 29, in response to the latest global changes, the Hong Kong Stock Exchange and the Securities and Futures Commission of Hong Kong have prepared in accordance with the instructions of the Hong Kong SAR government, and have contacted some relevant companies.
On April 29, in response to the latest global changes, the Hong Kong Stock Exchange and the Securities and Futures Commission of Hong Kong have made preparations according to the instructions of the Hong Kong SAR government and have already contacted some relevant companies. If Chinese companies listed overseas still wish to return to the Hong Kong market, they will provide them with appropriate guidance and assistance for listing in Hong Kong. Specific measures will be adjusted according to the actual situation as needed. Furthermore, to accommodate the latest economic trends and the needs of companies, the Securities and Futures Commission of Hong Kong and the Stock Exchange are progressing with a comprehensive review of the listing regime, including examining listing requirements and post-listing obligations; reviewing listing rules and arrangements to improve the approval process; and studying the optimization of dual primary listings and secondary listing thresholds, among other things. These reviews will further facilitate the listing of emerging industry companies and overseas enterprises in Hong Kong. A spokesman for the Financial Services and the Treasury Bureau of Hong Kong told reporters that Chinese companies listed overseas have been intending to return to the Hong Kong market. In response to this demand, the Hong Kong Stock Exchange has introduced a series of listing reforms in recent years, including a comprehensive review of the listing mechanisms for Chinese companies and other overseas issuers to meet their financing needs, making it easier for Chinese companies to list in Hong Kong. From the implementation of the listing regime reform in 2018 until the end of March 2025, 33 Chinese companies listed abroad have returned to Hong Kong. Additionally, regarding the fluctuations caused by the United States' imposition of tariffs on the global market, a spokesman for the Financial Services and the Treasury Bureau of Hong Kong stated that the Securities and Futures Commission of Hong Kong has not identified any behavior that could pose systemic risks or severely impact financial stability so far. There has been no excessive leverage or concentration of positions. There have been no significant increases in stock market and derivatives positions, nor have there been instances of concentrated or accumulated weak positions.