Core Insights - The Hong Kong IPO market has shown signs of recovery in the first nine months of 2025, with the "A+H" listing model becoming mainstream [1] - A total of 11 A-share companies completed dual listings, raising HKD 91.689 billion, with CATL raising HKD 41.01 billion, marking the largest Hong Kong IPO in nearly four years [1] - There are currently 161 "A+H" listed companies, with over 51 A-share companies in the queue [1] Group 1 - Innovative methods such as share swaps and mergers are simplifying processes and reducing costs for companies [1] - The channel for Chinese concept stocks to return to Hong Kong is also open, with the Hong Kong Stock Exchange launching a "Tech Company Special Line" in May to facilitate listings for specialized tech firms [1] - On September 16, Hesai Technology achieved a dual listing in Hong Kong and the US, raising over HKD 4.16 billion, becoming the largest Chinese concept stock IPO in Hong Kong in nearly four years [1] Group 2 - The Chief Executive of Hong Kong, John Lee, has expressed intentions to optimize the "same share, different rights" regulations [1] - Industry experts suggest relaxing restrictions on market capitalization, earnings, and voting rights to strengthen Hong Kong's position as the preferred destination for the return of Chinese concept stocks [1]
快讯 | 港股IPO双线发力:“A+H”扩容与中概股回港通道双向畅通
Sou Hu Cai Jing·2025-09-18 07:01