"HKEX's 'simplified transfer mechanism' shows results, second GEM to Main Board transfer completed this year"

On November 3rd, TaiOcean Global Holdings transferred from GEM to the main board listing, becoming the second company to "leap" from GEM to the main board of the Hong Kong Stock Exchange this year. At the same time, many GEM companies, including Youzan, are currently seeking to transfer to the main board. Industry insiders interviewed by reporters believe that as long as GEM companies meet the requirements of profitability, market value, and compliant operations, they can benefit from the Hong Kong Stock Exchange's "simplified transfer mechanism", opening up greater opportunities for their future financing and international layout.