160家！“A+H”上市阵营不断壮大

Group 1 - The "A+H" listing model in the domestic capital market has shown significant expansion since 2025, with many companies disclosing plans to list in Hong Kong across various sectors [1][2] - As of July 17, 2023, 10 A-share companies have listed in Hong Kong this year, bringing the total number of "A+H" companies to 160 [2] - The recent policy signals from regulatory authorities aim to enhance the efficiency of overseas listing management, indicating a supportive environment for companies seeking to list abroad [1][2] Group 2 - The introduction of five capital market cooperation measures by the China Securities Regulatory Commission (CSRC) in April 2024 supports leading domestic enterprises in listing in Hong Kong [2] - The Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange have optimized the approval process, reducing the new stock hearing cycle from "T+6" to "T+4" [2] - The implementation of a filing system in 2025 has significantly shortened the overseas listing approval timeline from six months to 2-3 months, exemplified by CATL's approval process taking only 25 days [2] Group 3 - The "green light" effect from regulators, combined with ongoing optimizations in the Hong Kong Stock Exchange's listing systems, presents a viable path for A-share companies to list in both markets [3] - Companies can achieve new financing increments and broaden international financing channels through re-listing, enhancing their global brand influence [4] - The "A+H" listing model helps mitigate systemic risks by diversifying market exposure, effectively hedging against policy, exchange rate, and liquidity risks [4] Group 4 - Analysts predict that the number of A-share companies listing in Hong Kong will continue to increase over the next 2 to 3 years [5]