【"A+H"股热潮持续，#76家A股公司递表排队赴港上市#】A股企业赴港上市热潮持续。9月30日，新诺 威、科兴制药、科泰电源三家A股上市公司公告筹划赴港上市。至此，据记者不完全统计，9月以来， 已有25家A股上市公司先后公告筹划赴港上市。此外，Wind数据显示，截至10月2日，还有76家A股上 市公司向港交所申报了上市材料，等待聆讯。从行业分布来看，年内已递交赴港上市申请的A股公司覆 盖了医药生物、通信、食品饮料、汽车、机械设备等多个行业。其中不乏多家知名公司的身影。（智通 财经，艾塔） ...

登录新浪财经APP 搜索【信披】查看更多考评等级 【文/观察者网 邓军 编辑/赵乾坤】 据彭博社当地时间10月3日援引匿名知情人士消息称，中国低成本航空公司春秋航空（601021.SH）正 考虑在香港上市，最早或于明年进行。该知情人士透露，春秋航空已聘请摩根大通与瑞银集团负责承销 工作，预计融资规模可达数亿美元。目前相关讨论仍在推进中，具体发行规模与时间等细节尚未最终确 定。 彭博社的报道称，由于中国国庆假期A股休市，春秋航空未能在非工作时间就相关询问作出回应。摩根 大通和瑞银方面亦不予置评。 10月5日，春秋航空相关人士在回应观察者网问询时表示，公司目前暂无相关计划，如有重大事项将严 格依照法律法规履行信息披露义务，一切以公司公告为准。 春秋航空于2015年在A股上市，是中国首家民营上市航空公司。截至2025年9月30日收盘，其股价报 53.48元人民币，总市值为523.21亿元。 春秋航空官网信息显示，目前该公司拥有134架飞机，运营190多条国内航线和50多条亚洲国际及地区航 线，网络覆盖日本、韩国、泰国等旅游热门目的地。随着中国出境游复苏，春秋航空正积极加大国际市 场布局，以抓住境外旅游需求反弹的机遇 ...

【本月18家A股上市公司筹划赴港上市 东山精密拟筹划发行H股股票并在香港联交所上市】智通财经9 月28日电，近期，A股公司赴港上市热潮延续。据智通财经不完全统计，截至发稿，9月迄今（9.1- 9.28）包括五芳斋、博瑞医药（维权）、海澜之家、海亮股份、科大智能、东山精密、欧林生物、佰维 存储、涛涛车业、沪电股份、龙迅股份、千里科技、贝达药业、利欧股份、罗博特科、晶晨股份、极米 科技和佳都科技在内的18家A股上市公司披露筹划赴港上市。其中，东山精密9月23日公告，拟筹划发 行H股股票并在香港联交所上市。 转自：智通财经 MACD金叉信号形成，这些股涨势不错！ ...

Core Viewpoint - The article discusses the recent announcement by the domestic clothing company HLA (海澜之家) to issue H-shares and list on the Hong Kong Stock Exchange, highlighting the trend of A-share companies seeking listings in Hong Kong due to policy support and international expansion strategies [2][6]. Company Overview - HLA, established in 1997, is a large retail group in China, covering self-owned brand operations, international brand licensing, and custom group purchases. The company has a diverse brand portfolio including men's, women's, children's, and professional clothing [4]. - The company went public in 2014 through a reverse merger with Kainuo Technology [4]. Strategic Intent of Hong Kong Listing - The primary goal of HLA's planned Hong Kong listing is to deepen its global strategic layout, accelerate overseas business development, and enhance its international brand image. The company aims to strengthen its capital base to support high-quality growth [4]. - HLA has been actively expanding internationally, with its first overseas store opened in Kuala Lumpur, Malaysia, in 2017. The company plans to further explore markets in Central Asia, the Middle East, and Africa, with a new store opening in Sydney, Australia, expected [4]. Financial Performance - In the first half of 2025, HLA reported revenue of 11.566 billion yuan, a year-on-year increase of 1.73%. However, the net profit attributable to shareholders decreased by 3.42% to 1.580 billion yuan. The company experienced a net reduction of 110 stores, bringing the total to 5,723, which is similar to levels from three years ago [5]. - The overseas market has shown promising growth, with 111 overseas stores generating 206 million yuan in revenue, a 27.42% increase compared to the same period last year [5]. Market Trends - The trend of A-share companies listing in Hong Kong has been gaining momentum, with 11 companies having done so by September 11, 2023. There are over 50 A-share companies currently in the queue for H-share listings [7]. - The Chinese regulatory environment has become more favorable for such listings, with the China Securities Regulatory Commission (CSRC) introducing measures to support leading enterprises in going public in Hong Kong [7]. Advantages of Hong Kong Listing - Hong Kong is viewed as a natural platform for companies aiming for global market development due to its international financial center status, legal framework, and tax advantages, such as a corporate tax rate of 16.5% [8]. - The Hong Kong Stock Exchange has implemented reforms to facilitate listings, including allowing dual-class shares and providing flexible financing options for innovative companies [8].

Core Viewpoint - The company, HLA (海澜之家), plans to issue H shares and list on the Hong Kong Stock Exchange to enhance its global strategy and international presence [2][3]. Group 1: Company Strategy - HLA aims to deepen its global strategy and accelerate overseas business development through the upcoming Hong Kong listing [3][6]. - The company has been expanding internationally since 2017, with a focus on Southeast Asia and plans to open its first store in Australia [2][4]. - As of the first half of this year, HLA has 111 overseas stores, generating a revenue of 206 million yuan, a 27.42% increase year-on-year [4][5]. Group 2: Financial Performance - In the first half of the year, HLA reported a revenue of 11.566 billion yuan, a year-on-year increase of 1.73%, while net profit decreased by 3.42% to 1.580 billion yuan [3][4]. - The company's revenue fluctuated significantly from 2020 to 2024, with a notable decline in 2020 and a recovery in subsequent years, although 2024 showed a slight decrease [4][6]. Group 3: Market Context - The trend of A-share companies listing in Hong Kong is increasing, with 11 companies having done so this year, bringing the total to 161 A+H companies [2][7]. - The Hong Kong market is seen as a mature international financial center, providing a broader investor base and diverse financing channels for companies [6][7]. - Recent policy changes by the China Securities Regulatory Commission have facilitated the process for mainland companies to list in Hong Kong, further encouraging this trend [7].

Group 1 - A-share companies are increasingly planning to list in Hong Kong, indicating a trend in the market [1] - A total of 29 A-share listed companies have disclosed plans for Hong Kong listings this month [1] - Notable companies involved in this trend include Huaxin Cement, Shengbang Co., Dongcheng Pharmaceutical, and others [1]

Core Viewpoint - The enthusiasm for A-share companies to list in Hong Kong continues to rise, with significant fundraising and a diverse range of industries participating in the IPO process [2][3][4]. Group 1: Market Trends - As of August 18, 2023, 10 A-share companies have listed in Hong Kong, raising approximately 893.39 billion HKD [2]. - The average daily trading volume in the Hong Kong market increased by 124% year-on-year to 243.7 billion HKD in the first seven months of 2025 [3]. - The Hong Kong Stock Exchange (HKEX) has seen a significant improvement in market valuation and liquidity, making it more attractive for A-share companies [2][3]. Group 2: Regulatory Changes - New IPO pricing rules effective August 4, 2023, reduced the initial free float requirement for A+H issuers from 10% of H shares to 5% of A+H shares, encouraging more A-share companies to pursue listings [3]. - The China Securities Regulatory Commission has expedited the approval process for overseas listings, with companies like Ningde Times completing their filings in just 42 days [3][5]. Group 3: Industry Diversification - The industries of A-share companies planning to list in Hong Kong are increasingly diverse, including sectors such as biomedicine, power equipment, new energy, telecommunications, and food and beverage [3][4]. - As of August 19, 2023, there are 161 A+H companies across various sectors, indicating a broadening of industry representation in the Hong Kong market [3]. Group 4: Internationalization and Investment - A significant motivation for A-share companies to list in Hong Kong is the desire for international business expansion, with many companies reporting over 30% of their revenue coming from overseas [5]. - The presence of strong cornerstone investors, including sovereign wealth funds and international investment institutions, has bolstered the attractiveness of IPOs for A-share companies [5].

Group 1 - The core stock price of Zhongwei Semiconductor as of August 5, 2025, is 28.30 yuan, reflecting a decrease of 0.11 yuan or 0.39% from the previous trading day [1] - The trading volume on the same day reached 43,850 hands, with a total transaction value of 1.24 billion yuan [1] - The stock experienced a maximum price of 28.57 yuan and a minimum of 28.13 yuan during the trading session, resulting in a fluctuation of 1.55% [1] Group 2 - Zhongwei Semiconductor is a technology company focused on the semiconductor sector, with main business activities including chip design, manufacturing, and related technical services [1] - The company's products are widely used in consumer electronics, industrial control, and automotive electronics [1] - In July, Zhongwei Semiconductor announced its plan to pursue an IPO in Hong Kong, becoming one of 17 A-share companies to announce such plans that month, marking a new high for the year in terms of monthly IPO announcements [1] Group 3 - On August 5, 2025, the net outflow of main funds for Zhongwei Semiconductor was 470.11 million yuan, accounting for 0.1% of its circulating market value [1] - Over the past five trading days, the cumulative net outflow reached 3,128.02 million yuan, representing 0.65% of the circulating market value [1]

Core Viewpoint - The trend of A-share companies listing in Hong Kong has gained momentum since 2025, driven by major players like CATL, with over 40 companies having submitted applications to the Hong Kong Stock Exchange and more than 30 others announcing plans to do so [1][3]. Group 1: Market Trends - A-share companies are increasingly pursuing dual listings in Hong Kong, with a significant number of small-cap stocks announcing plans to do so in July [2][3]. - The majority of companies that have applied or announced plans to list in Hong Kong are industry leaders, with 5 companies having a market capitalization exceeding 100 billion yuan and only one company below 10 billion yuan [3]. Group 2: Regulatory Changes - Regulatory authorities are considering setting a minimum market capitalization requirement for A-share companies seeking to list in Hong Kong, potentially increasing the threshold from 10 billion yuan to 20 billion yuan [1][8]. - The proposed market cap requirement may align with the standards set for Global Depositary Receipts (GDR), which currently stipulates a minimum average market cap of 20 billion yuan over the 120 trading days prior to the application [7][8]. Group 3: Implications for Companies - The potential new requirements are not expected to significantly impact the current wave of A-share companies seeking to list, as most of them are already industry leaders with substantial market capitalizations [1][3]. - The trend of smaller companies announcing plans to list in Hong Kong indicates a shift influenced by the demonstration effect of larger firms, suggesting a growing interest among mid-cap companies [3][10]. Group 4: Market Benefits - Listing in Hong Kong offers significant advantages, including a favorable financing environment and increased visibility to international investors, which can enhance company valuation [4][10]. - Analysts suggest that setting a market cap threshold could improve the quality of companies entering the Hong Kong market, attracting more institutional investors and enhancing the overall market appeal [8][10].

Core Viewpoint - The trend of A-share companies listing in Hong Kong has been significantly driven by major players like CATL, with over 40 companies having submitted applications to the Hong Kong Stock Exchange, and more than 30 companies announcing plans to initiate the process [2][4]. Group 1: Market Trends - Since 2025, there has been a noticeable trend of A-share companies going public in Hong Kong, with over 40 companies officially applying and more than 30 others starting the relevant processes [2]. - Major A-share companies such as CATL, Hengrui Medicine, and Haitian Flavoring have led the way, with a significant number of these companies being industry leaders, indicating a concentration of larger firms in this movement [3][4]. - Among the 44 A-share companies that have submitted applications, all have a market capitalization exceeding 10 billion yuan, with 6 companies valued at over 100 billion yuan [4]. Group 2: Regulatory Changes - The regulatory authorities are considering setting a minimum market capitalization requirement for A-share companies seeking to list in Hong Kong, potentially raising the threshold from 10 billion yuan to 20 billion yuan [2][6]. - This proposed increase in the market cap requirement aligns with the standards set for Global Depository Receipts (GDR), which also stipulate a minimum market cap of 20 billion yuan for companies seeking to issue GDRs [6][7]. Group 3: Implications for Smaller Companies - The potential tightening of listing requirements may not significantly impact the current trend, as most companies already in the pipeline are industry leaders with substantial market caps [2][5]. - However, there is a growing concern regarding the influx of smaller companies with market caps between 5 billion and 8 billion yuan, which may face challenges in meeting the new requirements [4][8]. - Analysts suggest that limiting smaller companies from listing could help maintain the quality of the Hong Kong market and ensure that only robust companies participate, thereby enhancing the market's attractiveness to global investors [7][8].