The Hong Kong Exchange has a lower listing threshold to attract high -tech companies such as artificial intelligence and semiconductors to go public in Hong Kong.
According to Bloomberg report, the Hong Kong Stock Exchange issued an announcement on Friday (March 24) that in the nearly 20 industries, it is regarded as "special science and technology". The minimum market value requirements for their listing list6 billion Hong Kong dollars (the same below, S $ 1 billion).The previously proposed 8 billion Hong Kong dollars when consulting.
The Hong Kong Exchange also reduces the market value requirements of unprecedented specialized technology companies from the proposed HK $ 15 billion to HK $ 10 billion.The new rules will take effect on March 31.
The Champions League of the Executive CEO of the Hong Kong Exchange said in the announcement that "the new economic industry is rapidly changing our way of life and working.The capital market. "
This move may help boost the first public offering (IPO) market in Hong Kong.In 2022, the Hong Kong Exchange's IPO transaction amount fell by 68%.The Hong Kong Stock Exchange is seeking a market value of $ 1.9 trillion (S $ 2.53 trillion) Saudi Arabia's National Petroleum Company Saudi Arabia to go public in Hong Kong to help strengthen Hong Kong's international financial center status.
