券商中国·2025-12-10 04:23Core Viewpoint - The article highlights the significant milestone of Jiangsu Longpan Technology Co., Ltd. becoming the first "A+H" share listed company in the domestic lithium iron phosphate cathode material industry, raising a total of HKD 550 million, marking a new wave of A-share companies listing in Hong Kong [1][2]. Group 1: Cross-Border Investment Banking - Chinese investment banks are acting as a "bridge" for the dual opening of the capital market, facilitating the internationalization of Chinese enterprises and the allocation of international capital to Chinese assets [3]. - The integration of domestic and international resources by investment banks is crucial for successfully serving A-share companies in their Hong Kong listings, exemplified by the case of Longpan Technology [2][3]. Group 2: Value Assessment and Communication - There is a need for Chinese investment banks to establish a value assessment system that aligns with the understanding of Chinese enterprises, effectively communicating their value and stories to international investors [3][4]. - The goal is to transition from merely following value discovery to setting value standards in the international investment banking landscape [4]. Group 3: Comprehensive Service Capabilities - Investment banks are enhancing their comprehensive service capabilities to meet the diverse financing needs of enterprises, providing a full suite of financial solutions [5]. - The service network of Guotai Junan International has expanded to cover 17 countries and regions, making it one of the most widely positioned securities firms in China [6]. Group 4: Debt Capital Market Activities - Guotai Junan International has actively assisted Chinese enterprises in raising funds in overseas capital markets, participating in various bond issuances and setting records for pricing [7]. Group 5: Talent Development - The internationalization of investment banking requires the establishment of a talent system that matches the different business scenarios, focusing on attracting and nurturing talent to enhance service capabilities [8]. - Specialized project teams have been set up in key regions to efficiently respond to client needs and drive project development [8]. Group 6: Future Outlook - The company aims to strengthen its overseas business layout, aspiring to become a competitive international investment bank by enhancing capital strength, service levels, and product structures [9][10]. - There is a focus on innovation in products and services, particularly in emerging fields like renewable energy and sustainable finance, to meet global investor preferences [12].