近年来，随着粤港澳大湾区战略的深入推进与资本市场改革的不断深化，深港两地在制度互联、资金互 通、市场共建方面迎来了新的发展机遇。赴港上市企业数量的快速增长，不仅彰显了两地资本市场的联 动效应，也对企业的跨境治理、信息披露及投资者关系提出了更高要求。 在此背景下，深圳上市公司协会与金麦粒（香港）财经传媒集团联合举办"互联新篇，价值共生"深港资 本会议，将于11月21日第十九届深圳国际金融博览会展会期间隆重举办。 本次活动来自两地监管机构、交易所、金融机构与上市公司代表将齐聚一堂，共话跨境金融新趋势。活 动现场，深圳上市公司协会将与金麦粒现场签署合作协议，将共同发布"深港上市公司价值培育生态共 建计划"。这一计划发布将整合双方资源，搭建深港上市公司价值传播与提升的专业平台，促进两地资 本市场的深度合作与交流。 深港对话 碰撞合作新思路 本次深港资本对话会议，系中共深圳市委金融委员会办公室与福田区人民政府指导下，由深圳上市公司 协会、香蜜湖产融创新/上市加速器、金麦粒（香港）财经传媒集团联合主办，旨在搭建高规格、务实 化的双城资本交流平台，推动深港资本市场在制度衔接、资金融通与企业赋能方面实现更深层次融合。 深圳上 ...

Core Viewpoint - The new policy allows companies listed on the Hong Kong Stock Exchange from the Guangdong-Hong Kong-Macao Greater Bay Area to list on the Shenzhen Stock Exchange, potentially enabling red-chip companies to achieve secondary listings in Shenzhen for the first time [1][2]. Group 1: Market Impact - The policy is expected to accelerate the trend of "H+A dual listings" for red-chip enterprises, particularly benefiting technology leaders, biomedicine, and advanced manufacturing companies returning to A-shares for higher liquidity and valuation [1][4]. - As of now, there are 255 companies from Guangdong listed on the Hong Kong Stock Exchange, with a total market capitalization of approximately 12 trillion yuan, covering sectors such as information technology and biomedicine [4][6]. Group 2: Financing Flexibility - The new policy enhances financing flexibility for companies, addressing valuation discrepancies and liquidity issues faced by those listed only in Hong Kong [4][6]. - Companies like Youjia Innovation have expressed interest in the dual listing, recognizing it as a way to broaden financing channels and enhance credibility in domestic and international markets [4][6]. Group 3: Regulatory Considerations - The policy's implementation relies on supporting details, particularly for red-chip companies, which have not previously had cases of secondary listings in Shenzhen [5][7]. - Current regulations require red-chip companies to meet specific criteria, including a market capitalization of at least 200 billion yuan and strong technological innovation capabilities [5][6]. Group 4: Challenges Ahead - The practical challenges include differences in listing rules between Shenzhen and Hong Kong, as well as the stringent requirements for A-share IPOs, which may pose difficulties for many companies [6][7]. - Key challenges identified include high compliance costs, strict market capitalization thresholds, and unclear entry criteria for unprofitable technology companies [7].