(Hong Kong Comprehensive News) Xu Zhengyu, director of the Hong Kong Financial Affairs and Treasury Bureau, said that the Hong Kong Stock Exchange will modify the main board listing rules in March, allowing non -income and profitable technology companies to go public in Hong Kong, driving Hong Kong, Guangdong, Hong Kong, Macao,The economic connectivity of the district has promoted the development of a series of financial services in Hong Kong.
Comprehensive Hong Kong Radio and Commercial Radio website reports, Xu Zhengyu said on the radio program on Sunday (February 26) that the government is formulating the regulations on the limited partnership fund to help private equity funds set up in Hong Kong.
Xu Zhengyu said that most of the investment targets of private equity funds are in the Greater Bay Area. If they can be listed in Hong Kong, they can be easier to enter the Chinese market.He hopes that the revised listing rules can focus on a large number of industries, including new energy and new materials, etc., and cooperate with the global digital trend to expand the resources of listed company.
Xu Zhengyu pointed out that more private equity funds can also promote Hong Kong's financing platforms in Hong Kong, and bring the financial industry chain to promote Hong Kong's legal and accounting related professional services.
He also said that 600 private equity funds have been registered in Hong Kong so far.The Hong Kong Government will provide relevant funds with funding plans and tax width procedures, as well as formulating legal framework so that related funds can be more likely to be established in Hong Kong.
Xu Zhengyu believes that in order to increase the attractiveness and competitiveness of the Hong Kong stock market, in addition to the listing of convenience technology companies, it is necessary to continue to develop green technology finance.He said that the Hong Kong Stock Exchange set up a voluntary carbon emissions trading platform last year, and has now had 400,000 tons of transaction volume.
