“宁王”之后，A+H队伍又添猛将！800亿芯片龙头拟赴港上市

Core Viewpoint - The article highlights the surge of A-share companies planning to list in Hong Kong, with notable mentions of major players like Zhaoyi Innovation, which has announced its intention to issue H-shares and enhance its global strategy [1][2][11]. Company Summary - Zhaoyi Innovation plans to issue H-shares and list on the Hong Kong Stock Exchange to deepen its global strategy and enhance its international brand image [2][5]. - The company aims to use the funds raised from the H-share issuance for R&D enhancement, product innovation, strategic investments, and global marketing [5]. - Zhaoyi Innovation reported a revenue of 73.56 billion yuan for 2024, marking a year-on-year increase of 27.69%, with a net profit of 11.03 billion yuan, up 584.21% [6]. Industry Summary - There is a growing trend of A-share companies, particularly in the consumer and technology sectors, planning to list in Hong Kong, with 13 companies announcing H-share plans since April [9][10]. - The "A+H" listing model is gaining traction, driven by policy support and increased attractiveness of the Hong Kong market [11]. - UBS Group's China president noted that the trend of A+H listings is expected to enter a new upward cycle, with long-term foreign capital beginning to flow back into the market [12].