China News Service, Jinan, January 24 (Lu Yan) During the "two sessions" in Shandong, many Hong Kong members focused on the economic and social development of Shandong and expressed the voice of Hong Kong people.

Among them, 16 Hong Kong committee members including Zhong, Zhu Xinsheng and Wang Shuzi jointly submitted the "Suggestions on Guiding, Assisting and Encouraging Shandong Enterprises to List in Hong Kong", and offered suggestions for promoting the development of Shandong enterprises.

　　In an interview with a reporter from China News Agency, You Zhong, a special member of the Hong Kong Special Committee of the Shandong Provincial Political Consultative Conference, said that recently, the pace of listing of Chinese stocks in the United States has slowed down significantly and there has been delisting. The Hong Kong Stock Exchange has issued a document to reduce the industry for secondary listings Standards and market value requirements, to fully attract the return of Chinese concept stocks.

"Under this specific environment, Lu Qi's choice to go public in Hong Kong is undoubtedly the best opportunity given by history."

"Beautiful girls marry first" to tap willing enterprises

　　You Zhong said that at present, Shandong and the Hong Kong Stock Exchange have established a strategic partnership to jointly promote the listing of enterprises in Hong Kong.

However, from the national data, there are currently 1,222 mainland companies listed in Hong Kong, with Shandong accounting for only 4.66%.

It is recommended that the relevant departments conduct a step-by-step screening of more than 2,000 existing listed companies in Shandong, adopt the principle of "beautiful girls marry first", and select high-quality companies that have the conditions for listing and are willing to go public in Hong Kong. batch.

　　"Shandong should also carry out special inspection and learning activities in the provinces and cities with many listed companies in Hong Kong, such as Shanghai and Guangdong." You Zhong suggested that Shandong companies should communicate more with mainland companies that have successfully listed in Hong Kong to learn advanced experience and practices. Broaden your own development ideas.

At the same time, relevant counterpart departments such as banks, Hong Kong securities companies and accounting firms can be invited to provide listed companies to be listed in Hong Kong through lectures, salons, special trainings, etc. troubled.

You Zhong, a member of the Hong Kong Special Committee of the Shandong Provincial Political Consultative Conference, listened to the meeting carefully.

Photo by Sha Jianlong

Set up a "one-stop" platform to improve reward standards

　　Since the companies to be listed need to deal with many competent authorities in the process of listing, and listing in Hong Kong involves overseas, the coordination and approval procedures are more complicated.

It is suggested by Zhong et al. to set up a "one-stop" consulting service platform for companies going to be listed in Hong Kong, so as to facilitate the processing and approval of relevant material procedures for companies that are going to be listed in Hong Kong.

　　You Zhong said that compared with listing in the mainland, the initial cost of listing in Hong Kong is higher. According to the current situation, the initial cost of the company is about 20 million Hong Kong dollars.

"It is suggested that in order to guide and encourage enterprises to go public in Hong Kong, a higher special subsidy policy should be set up, and the standard of incentives and subsidies should be appropriately raised to increase the enthusiasm of enterprises to go public in Hong Kong."

　　It is understood that at present all cities in Shandong have established certain reward standards for listed companies. For example, Shandong will give 100,000 yuan to companies listed on domestic and foreign capital markets such as the main board, small and medium-sized board, GEM, new third board and regional equity trading markets. RMB (RMB, the same below) or above and a one-time reward of up to 2 million yuan.

　　In 2021, there will be 36 new listed companies in Shandong Province, a new high in the past ten years. There will be 370 domestic and overseas listed companies in the province, of which 57 companies are listed in Hong Kong, and the cumulative financing is equivalent to 108.2 billion yuan.

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