Make good use of the "Hong Kong advantage", 58 Lu enterprises carrying the "Shandong sector" of Hong Kong stocks

As the main international financial center in the Asia -Pacific region, Hong Kong has the advantages of super China Unicom under the "one country, two systems". In the financing activities of mainland enterprises, it has always been an important channel for mainland companies to move towards the international market. In recent years, under the cultivation of various advantageous elements, Qilu has grown up a large number of high -quality enterprises, including both world -renowned manufacturing companies such as Weichai Power, Shandong Gold, and China Hongqiao. High -tech enterprises. It is learned from the local financial supervision and administration bureau of Shandong Province that as of June 8, 2022, 58 Lu enterprises have chosen the "handshake" capital market in Hong Kong, and gradually formed a unique Hong Kong stock "Shandong sector".

(Note: Tsingtao Beer has become the first Chinese company in China to publicly issue stocks in overseas.)

Lu Enterprise Station on the "Hong Kong Stage"

On July 15, 1993, the Hong Kong Stock Exchange trading hall beer fragrance was fragrant. Tsingtao Beer was listed on the Hong Kong Stock Exchange, becoming the first Chinese company in Mainland China to publicly issue stocks and listed on overseas.

In addition to raising a large amount of funds for the development of the H -shares, Tsingtao Beer Login has also played an important role in the internationalization, brand reputation and sustainable development of the enterprise.

Former Chairman of the Hong Kong Stock Exchange, Li Yingguang once commented: "The significance of the Tsinghua Beer's H shares in Hong Kong is not only for financing, but also the catalyst of corporate reform." Hong Kong, this world -renowned financial center, with the world, with the mainland of the Mainland, Enterprises logging in H shares will continue to maintain the leading position and vitality of the global financial center.

Mao Zhirong, managing director of the Hong Kong Exchange and director of mainland business development, said in an interview that the Hong Kong market has a strong attraction to global issuers, and encourages listed companies to make full use of the abundant liquidity and rich financing tools of Hong Kong capital markets. , Help enterprises sustainable and developed at high speed.

At present, the Hong Kong Stock Exchange has a special department, specifically designated and implemented the promotion strategy of the Stock Exchange in the Mainland market, introduced the efficient and high quality of the Hong Kong securities market, improved the level of the bank's listing services in Hong Kong, and developed to develop. The relationship with each has been listed and prepared for listed companies.

In 2018, the Hong Kong Stock Exchange implemented a new listing system, allowing emerging and innovative companies with different authoritative structures of the same shares and unprecedented or profitable biotechnology companies to go public in Hong Kong, and set up convenient pipelines to allow qualifications to qualify for such companies. Make the second market in Hong Kong. As of the end of April 2022, a total of 74 companies have been listed on a new system, and Hong Kong has also become the largest and second largest biotechnology financing center in Asia.

During this year's Shandong Two Sessions, 16 Hong Kong -based CPPCC members such as Zhong, Zhu Xinsheng, and Wang Shuzi jointly submitted the "Suggestions on Guidance, Assistance, Encouraging Lu Enterprise to list". Member of the Shandong Provincial Committee of the CPPCC said: "The pace of listing in China to the United States has slowed down and the delisting situation has occurred. Choosing to go public in Hong Kong is undoubtedly the best opportunity given to history. "

(Note: In 2004, Lu Enterprise Weichai Power was listed and traded on the Hong Kong Stock Exchange. Weichai Power Conference)

Hong Kong capital market rises in the Shandong sector

In recent years, Shandong has held special training sessions for enterprises to go to Hong Kong for listing, inviting the Hong Kong Stock Exchange and industry institutions to guide them. The Shandong Provincial Government has also established a strategic cooperation relationship with the Hong Kong Stock Exchange to jointly promote high -quality enterprises to go public in Hong Kong. The Hong Kong Special Administrative Region Government's Investment and Promotion Group in Shanghai Economic and Trade Office also joined hands with the Hong Kong Investment Promotion Agency and professional investment service companies to organize round table meetings and symposiums to introduce Hong Kong's business environment, latest investment policies and relevant materials for Hong Kong.

In this case, more and more Lu Enterprises land on the Hong Kong Stock Exchange. Turning on March 11, 2004, Lu Enterprise Weichai Power was listed and traded on the Hong Kong Stock Exchange and raised US $ 170 million, becoming the first internal combustion engine company listed on the main board of Hong Kong.

Recalling the listing experience at the time, there are two solutions for Weichai Power. One is A shares listed, which obtains a higher price -earnings ratio and a large financing scale; the other is the H -shares listing. Build a capital platform. Chairman Tan Xuguang and the team finally decided to go public in Hong Kong, allowing Weichai Power to present in front of the global capital market, and accept global supervision with a more standardized governance mechanism. More importantly, Weichai Power has opened the path to quickly enter the international capital market, laying the foundation for future global mergers and acquisitions.

As an important platform for overseas financing of enterprises in Shandong Province, Hong Kong has successfully listed on the Hong Kong Stock Exchange, including Shandong Fengxiang, Weihai Bank, Rongchang Biopharmaceutical, and Haier Zhijia in the year of 2020, with a total financing of 7.866 billion yuan. As of June 8, 58 companies in Shandong have been listed in Hong Kong, and the cumulative financing has exceeded RMB 100 billion. Among them, there are both banks, manufacturing traditional industries, and new economic enterprises such as biomedicine. Shandong has promoted a group of medical health, consumption, material management and other industries to Hong Kong to list financing.

(Note: It is the best opportunity to choose to go public in Hong Kong to go public. Photo of the news office of Zibo Municipal Government)

Borrowing Hong Kong Lu Enterprise to expand the international market

On September 28, 2018, Shandong Gold was listed on the main board of the Hong Kong Stock Exchange. The international release part was excessive subscription, and the total amount of funds raised reached US $ 614 million. Tang Qi, the secretary of Shandong Golden Gold, said: "Hong Kong is an international financial center. During the listing of enterprises, there are systematic solutions from financing to insurance and law. In addition, Hong Kong is the international law and dispute service center in the Asia -Pacific region. A large number of professional institutions and talents that are familiar with international rules and disputes are indispensable for enterprises' overseas development. "In recent years, Shandong Gold has rely on open and international Hong Kong markets. For the acquisition of resource mergers and acquisitions, the acquisition of 50%of South America's second largest gold ore Belradro Gold Mine was acquired, and the Australian gold exploration and development enterprise Kadino Resource Co., Ltd. was acquired and entered the West African gold market. Today, the global layout of Shandong Gold has gradually taken shape, and it will show a sustainable development trend in the future.

The industries of the Lu Enterprise Weiqiao Group mainly include two major sections of textiles and aluminum electricity. Among them, China Hongqiao, a subsidiary of the textile sector, was listed in Hong Kong in 2003 and 2011, respectively. Huang Pingyi, deputy general manager of Weiqiao Group, said: "Hong Kong is a free trade port. It has a very convenient financing environment. The low tax rate has reduced the cost of the enterprise.

As of June 22, the market value of China Hongqiao reached 81.7 billion Hong Kong dollars, and its operating income in 2021 reached 11.4491 billion yuan, an increase of 32.91%year -on -year, and the net profit attributable to shareholders reached 16.073 billion yuan, an increase of 53.1%year -on -year. It reached 188.421 billion yuan.

Zhang Jingcheng, deputy director of the Shandong Provincial Department of Commerce, said at a press conference held at the Press Office of the Shandong Provincial Government that Shandong will work with Hong Kong to expand the international market with advantageous services such as finance, professional services, brand creativity. At the same time, with the advantages of Hong Kong, helping Shandong enterprises to transform and upgrade and international development, carry out multinational operations, continuously improve their international competitiveness, and achieve complementary advantages, mutual benefit and win -win.

As the former chairman of the Hong Kong Stock Exchange Li Yeguang said, from the perspective of Hong Kong, since Qingdao Beer was listed in Hong Kong, a large number of mainland companies have been listed one after another, and the Hong Kong securities market has supported a market with real estate and financial industry. Transformed into a mature market with diversified types of enterprises and rich products.

Nie Qingping, chairman of China Securities and Finance Co., Ltd., wrote an article: "The Hong Kong -" HSI composition has evolved from finance and real estate to financial, real estate, commerce, industry, and its structure. , Red -chip stocks and other types of transactions, the Hong Kong market has firmly stood in the top ten securities markets in the world, becoming an international financial center with international competitiveness. " )

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