The promotion conference of listing in HK for Chenzhou enterprises was held on Feb. 26, 2013. Chenzhou government stated that it will strive to be the top place on listing issues in Hunan province within 3 years. Deputy Mayor of Chenzhou City- Zhang Xihui attended the relative activities.
In recent years, there were great breakthroughs for Chenzhou enterprises on listing work, such as some reserve listing enterprises were available, 12 enterprises were in the list of key listing enterprises of Hunan province, 55 issues concerned for the problems of listing companies were settled, 36 million yuan was issued to support the listing details, and 2.5 billion yuan of bank loan was settled.
On the conference, 7 Chenzhou enterprises introduced the current trends of the capital market of HK, advantages for HK stocks compared with A-share, HK listing issues, preliminary work for the application of listing in HK, etc.
It was learned that along with the deepening revolution of state-owned enterprises and rapid development of private enterprises, more enterprise are willing to list in HK market. According to the records, companies from mainland take about 60% of HK listing markets, which reflects the HK market’s interest for mainland companies and becomes the key reason for the mainland enterprises listing in HK.