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<IPO>Bonnie Chan: 150+ Firms Waiting for Listing w/ Many Raising US$1B+
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Bonnie Chan, CEO of HKEX (00388.HK), said at a forum that there are more than 150 companies waiting to be listed, and many of them are mega-corporations with a fundraising scale of over US$1 billion. After the listing of the world's largest IPO in Hong Kong, CATL (03750.HK), this year, Hong Kong's IPO market will continue to benefit from the listing of A+H shares, as well as the return of ADRs, Chan added. HKEX recently communicated with some ADR-listed enterprises in the US, while some shareholders reflected that they would like to have a backup plan (Plan B) for delisting, coupled with the possibility of being included in the Southbound Trading of Stock Connects after changing Hong Kong as their primary listing place. AAStocks Financial News Website: www.aastocks.com |
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