华夏时报（www.chinatimes.net.cn）记者 温冲 于建平 北京报道 5月7日，吉利汽车控股有限公司（下称"吉利汽车"，股票代码：0175.HK）宣布，计划收购极氪智能科技有限公 司（下称"极氪"，股票代码：NYSE: ZK) 已发行全部股份。吉利汽车目前持有极氪约65.7%的股份，如交易完 成，极氪将与吉利汽车实现完全合并。 对此，《华夏时报》记者联系了多位吉利汽车、极氪的相关负责人，但收到的反馈基本上是三缄其口。极氪相关 负责人表示："这是吉利汽车方面在操作，我这边不清楚。"吉利汽车的相关负责人则表示："我们现在没有更多的 延展解读，还是以官方发布的新闻稿和公告为准。" 根据公告，吉利汽车建议购买价为每股极氪股份2.566美元或每股美国存托股票25.66美元。倘若私有化建议落实并 完成，极氪将成为本公司的全资附属公司，实现私有化并于纽交所退市。 拟从美股退市，极氪或成中概股回流"第一股" 李颜伟的这一观点，实际上与吉利汽车官方发布的吉利控股集团董事长李书福的观点基本一致，尤其是后者的最 后一句话。 李书福表示："面对激烈的市场竞争和日益复杂的经济环境，我们将审时度势、根据《台州宣言》精神，持 ...

陈浩濂提到，尽管美国滥施关税在四月初宣布时对环球市场带来波动，香港市场一直运作畅顺，交易有 序进行。港交所(香港交易及结算所有限公司)的交易、结算及风险管理运作一切如常。国家经济基本面 稳定向好以及一系列的政策措施将继续为香港提供坚实依靠，香港市场仍然保持韧性，现有的风险管理 措施亦行之有效。 智通财经APP获悉，5月8日，香港财经事务及库务局副局长陈浩濂表示，美国滥施关税，深度破坏作为 国际贸易基石的多边贸易体制。面对地缘政治的不确定性，香港特区政府联同监管机构，通过实时监控 机制，保持香港金融系统韧性及稳定。此外，当局积极把握市场变化，加速吸引境外资金、人才及企业 来香港发展，透过金融市场引导资金有效配置，推动实体经济发展，强化香港作为国际金融中心地位。 针对美国的特定威胁，例如迫使在美国上市的中概股退市，港交所和证监会(证券及期货事务监察委员 会)已根据香港特区政府的指示做好准备，便利有意回流的中概股来港上市。 事实上，中概股一直有回流香港市场的意向，配合相关需求，港交所近年推出一系列上市制度改革，包 括针对中概股和其他海外发行人的融资需求和特性对有关上市机制作出了全面检讨，以进一步便利中概 股在港上市 ...

当天，中国证监会主席吴清在国新办发布会上表示，加强双多边的跨境监管合作，塑造稳定、透明、可 预期的监管环境，维护企业在境外市场的正当利益，支持优质中概股回归内地和香港市场。 中概股回流潮或已开启 极氪拟从美股退市，中概股回流潮正在开启。 5月7日，吉利汽车控股有限公司宣布计划收购极氪智能科技有限公司已发行的全部股份，目前吉利汽车 持有极氪约65.7%的股份。若交易完成，极氪将与吉利汽车完全合并，实现私有化并从纽约证券交易所 退市。而这距离极氪汽车正式上市还不到一年时间。 在中美关税摩擦背景下，极氪的私有化以及从美股退市的计划，成为市场热议中概股回流的"第一股"。 根据公告，吉利汽车建议购买价为每股极氪股份2.5美元或每股美国存托股票25.66美元，较最后交易日 美国存托股票于纽交所的收市交易价溢价约13.6%，较截至最后交易日止最后30个交易日期间美国存托 股票于纽交所的成交量加权平均价格溢价20%。私有化资金来源包括吉利汽车拟发行新股、现金储备及 债务融资。 事实上，在2020-2022年，中概股ADR潜在退市风险也曾引发全球投资者关注。这场退市风波结束后， 部分中概股为了规避风险，开始启动从美股退市或回归 ...

昨晚我对今天发布会是否有重磅内容还是持怀疑态度的，毕竟那通知没点名说潘 行会来，哈哈哈，我还给网友留言，说大概率不来！ 结果，啪啪打脸，潘行不但来了，而且还不是空着手来的！ 一上来就宣布了三大类十项政策措施，其中就包括前期念叨的"择机"降准和降 息，而且降准幅度还是超过了彭博的预测！！降低公积金贷款利率更是超预期。 李云泽也带来了一些对A股重要的政策，比如再批复600亿保险资金长期投资试 点，将保险公司股票投资风险因子调降10%，强调类平准基金有力有效并全力支 持等。 不过这满满的诚意也没能阻止我们大A高开低走！ 不到十点，崩盘哥就在群里打卡了！ 正如群友所痛斥的：格局不了一点！！！ 说实话，既然假期的时候就在传这个会议，那肯定有人提前布局了！ 吴清主席都说了，A股就是"靠谱"！ 当然调侃归调侃，是不是就该转向看空了？ 那肯定不是，增量政策才开始，而且现在专项债和特别国债猛猛发，还没开始发 力呢！ A股复盘 | 收回一部分昨天的红包 / 2025.05.07 民生证券指出，新型政策性金融工具等增量政策"未完待续"。 4月25日政治局会 议和28日国新办发布会上，均就"设立新型政策性金融工具"做出部署。尽管5月 ...

资料图。本文来源：第一财经 突发！极氪拟从美股退市，中概股回流潮或开启 根据吉利汽车公告，吉利汽车收购所有已发行及发行在外的极氪股份及美国存托股票(本集团实益 拥有者除外)，建议购买价为每股极氪股份2.57美元或每股美国存托股票25.66美元，该价格较最后 交易日美国存托股票于纽交所的收市交易价溢价约13.6%，较截至最后交易日止最后30个交易日期 间美国存托股票于纽交所的成交量加权平均价格溢价20%。 此次极氪私有化资金来源包括吉利汽车拟发行新股、现金储备及债务融资（倘需要）。 受此消息影响，截至美东时间5:30左右，极氪美股盘前大涨超11%至25.1美元，基本接近吉利汽车 私有化极氪的作价25.66美元。 公开资料显示，极氪汽车于2024年5月10日在美国纽交所挂牌上市，当下距离其正式上市时间不到 一年。 对于此次极氪突发合并进吉利汽车的事宜，吉利控股集团董事长李书福表示："面对激烈的市场竞 争和日益复杂的经济环境，我们将审时度势、根据《台州宣言》精神，持续推动汽车业务整合，回 归一个吉利。同时我们仍将保持与美国和国际资本市场的密切沟通与合作。" 去年9月，李书福正式发布《台州宣言》，宣布通过"战略聚焦、 ...

2025.05. 07 本文字数：1677，阅读时长大约3分钟 作者 | 第一财经 肖逸思 5月7日，吉利汽车控股有限公司（下称"吉利汽车"，股票代码：0175.HK）宣布，计划收购极氪智能 科技有限公司（下称"极氪"，股票代码：NYSE: ZK）已发行全部股份。吉利汽车目前持有极氪约 65.7%的股份，如交易完成，极氪将与吉利汽车实现完全合并，实现私有化并于纽交所退市。 对此，吉利控股集团方面回应称，此举是进一步落实《台州宣言》，聚焦汽车主业，提升资源利用效 率，深化品牌协同的重要步骤。 极氪此次私有化并从美股退市的计划在中美关税摩擦的背景之下，是这一轮市场热议中概股回流话题 后的"第一股"。同一日上午，中国证监会主席吴清在国新办新闻发布会上就表示，创造条件支持优质 中概股企业回归内地和香港股市。 此次极氪私有化资金来源包括吉利汽车拟发行新股、现金储备及债务融资（倘需要）。 极氪合并进吉利汽车 受此消息影响，截至美东时间5:30左右，极氪美股盘前大涨超11%至25.1美元，基本接近吉利汽车私 有化极氪的作价25.66美元。 公开资料显示，极氪汽车于2024年5月10日在美国纽交所挂牌上市，当下距离其正式上市 ...

Core Viewpoint - Geely Auto plans to acquire all issued shares of Zeekr, aiming for full integration and privatization, marking a significant move in the context of Chinese companies returning to domestic markets amid US-China trade tensions [1][5]. Group 1: Acquisition Details - Geely Auto currently holds approximately 65.7% of Zeekr's shares and proposes a purchase price of $2.57 per share or $25.66 per American Depositary Share (ADS), representing a premium of about 13.6% over the last trading day [2]. - The funding for this acquisition will come from issuing new shares, cash reserves, and potentially debt financing if necessary [3]. Group 2: Strategic Implications - Following the acquisition, Geely Auto will manage four major brands: Zeekr, Lynk & Co, Geely Galaxy, and China Star, with Zeekr positioned as a global luxury tech brand [4]. - The integration aims to enhance resource utilization, deepen brand synergy, and improve technological innovation capabilities across the brands [4]. Group 3: Market Context - The privatization of Zeekr is seen as the first significant move in the ongoing discussion about Chinese companies returning to domestic markets, especially in light of recent US-China tariff disputes [5][6]. - The China Securities Regulatory Commission has expressed support for high-quality Chinese companies returning to the domestic and Hong Kong stock markets, indicating a broader trend [6].

Core Viewpoint - The trend of Chinese concept stocks returning to the domestic market is creating additional opportunities for investment banks in mainland China, particularly for CITIC Securities, which is reallocating personnel to enhance its Hong Kong operations [1][2]. Group 1: Market Dynamics - The return of Chinese concept stocks is influenced by geopolitical factors that create uncertainty for these stocks listed in the U.S. [1]. - The China Securities Regulatory Commission (CSRC) and Hong Kong authorities have introduced policies to position Hong Kong as a key destination for the return of these stocks [1]. Group 2: Company Actions - CITIC Securities is planning to adjust its investment banking personnel from the mainland to Hong Kong to prepare for the influx of returning Chinese concept stocks [1]. - The recruitment plan is aimed at personnel from CITIC Securities' mainland investment banking department, indicating a competitive approach to staffing [1]. Group 3: Market Statistics - There are currently 19 Chinese concept stocks with a market capitalization of no less than 100 billion yuan that have not yet listed in Hong Kong, with a total market value exceeding 1.5 trillion yuan [1]. - Among these, Pinduoduo is notable, approaching a market capitalization of 1 trillion yuan [1].

Group 1 - The core viewpoint emphasizes that foreign openness is a fundamental national policy of China and a necessary requirement for the high-quality development of the capital market [1] - The China Securities Regulatory Commission (CSRC) plans to promote high-level foreign openness in the capital market, further improving the openness framework and steadily advancing a series of practical measures [1] Group 2 - Specific measures include expanding institutional openness, optimizing the access services for qualified foreign institutional investors, and supporting foreign institutions in applying for securities and fund investment consulting qualifications [1] - The product supply will be enriched by promoting futures and options to qualified foreign investors and supporting domestic and foreign futures exchanges in expanding cooperation on commodity futures settlement [1] - Continuous deepening of market openness involves optimizing the filing mechanism for overseas listings and enhancing the quality and efficiency of overseas listing filings [1][2] Group 3 - Strengthening bilateral and multilateral cross-border regulatory cooperation is crucial, with a focus on creating a stable, transparent, and predictable regulatory environment [2] - The aim is to protect the legitimate interests of companies in overseas markets and support high-quality Chinese concept stocks to return to the domestic and Hong Kong markets [2]

Group 1 - The Hong Kong IPO market is experiencing a strong recovery after nearly two years of stagnation, with 147 companies currently queued for listing, including major A-share companies like CATL and Hengrui Medicine [1][4] - The surge in IPOs is driven by multiple favorable factors, leading to a rare "submission wave" and fundraising peak, attracting renewed attention from investors, brokers, and institutional funds [3][4] - In April, one A-share company has launched its IPO in Hong Kong, and 11 companies have updated or submitted their applications, indicating a trend influenced by tightened financing channels in A-shares and valuation recovery in Hong Kong [4][6] Group 2 - CATL, a global leader in power batteries, has passed the listing hearing on April 10 and plans to raise up to $5 billion (approximately HKD 39 billion), potentially marking the largest IPO in Hong Kong since Kuaishou's listing in 2021 [6][7] - The IPO of CATL is expected to reshape Hong Kong's position in the global capital market and may serve as a milestone for the return and internationalization of Chinese enterprises [7][9] - Hong Kong Exchanges and Clearing reported record high revenues and profits for Q1 2025, with 17 companies listed and a total fundraising amount of HKD 18.7 billion, a nearly fourfold year-on-year increase [9] Group 3 - Investors and institutions are set to benefit from the increased activity in the Hong Kong stock market, which will provide more opportunities for new listings and valuation recovery, particularly for quality leading companies like CATL and Hengrui Medicine [10][11] - The revival of IPOs indicates a comprehensive recovery for underwriting, distribution, and market-making businesses, marking a significant rebound in these sectors [11][12] - Chain consumption brands are emerging as new highlights in the Hong Kong stock market, with companies like Pop Mart and Mixue Ice City gaining significant attention and market re-evaluation [12][13] Group 4 - The success of chain consumption brands is attributed to their unique business models and significant growth potential, supported by the long-term optimism of the Hong Kong Stock Exchange towards the consumption sector [13][14] - These brands are not only seeking financing through IPOs but also aiming for international brand expansion, leveraging capital market support to enhance market share and brand influence [13][14] - The current situation in the Hong Kong IPO market reflects a strategic migration of Chinese enterprises in the context of globalization and a new capital market landscape [14]