Core Viewpoint - The trend of A-share companies listing in Hong Kong is gaining momentum, driven by supportive policies and the need for global expansion, with over 80 companies at various stages of the listing process [1][4]. Group 1: Policy Support - In April 2022, the China Securities Regulatory Commission announced five measures to support leading domestic companies in listing in Hong Kong [1]. - The Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange released a timeline to optimize the approval process for new listings in October 2022, facilitating A-share companies' access to the Hong Kong market [1]. Group 2: Globalization and Market Expansion - The demand for global expansion is a core driver for companies seeking to list in Hong Kong, as seen with companies like CATL, which raised funds for overseas factory expansions [3]. - CATL's overseas revenue reached 61.208 billion yuan in the first half of the year, accounting for 34.22% of total revenue, indicating successful global market penetration [3]. - Anhui Huaheng Biotechnology Co., Ltd. aims to enhance its global strategy and brand influence through its planned Hong Kong listing, with overseas revenue projected to reach 1.032 billion yuan in 2024, a 30.34% increase year-on-year [3][4]. Group 3: Market Dynamics and Strategic Advantages - The "A+H" model allows companies to leverage dual market resilience, enhancing financing flexibility, investor diversity, and risk mitigation [4]. - Hong Kong serves as a critical link between the mainland and global markets, providing institutional innovation and funding support for Chinese companies' international ventures [4].