The continued rise in "A+H" listings is fueled by policy dividends that promote the globalization of enterprises.
Since the beginning of this year, leading A-share listed companies have set off a wave of listings in the Hong Kong stock market. Recently, Luxshare Precision, a leading consumer electronics manufacturer, submitted an application to the Hong Kong Stock Exchange to issue H shares, intending to achieve an "A+H" dual listing. In August, several A-share listed companies such as Joyson Electronics, Wondershare Technology, Precision Industry, and Kefu Medical have successively disclosed their plans and latest progress for listing in Hong Kong. Behind the large-scale promotion of secondary listings is the global layout of enterprises. Combined with the promotion of reforms such as the Hong Kong Stock Exchange's "flash placement" mechanism and the reduction of listing thresholds for specialized technology companies, it has promoted Chinese companies to go global and accelerated the entry of international long-term funds. He Zhaofeng, EY Greater China Listing Services Managing Partner, said that driven by multiple factors such as policies, markets, and corporate supply, Chinese companies are strengthening their international layout through the "A+H" dual platform and opening up a new growth curve.