Li Xiaogai estimates ants Ami to Hong Kong listing
Li Xiaojia also commented on a number of potential new stocks. He is confident that mainland 'unicorn' millet, ant gold suits and oil giant Saudi Aramco will all be listed in Hong Kong.
The city's smart mobile phone and software developer Xiaomi will become the first batch of different shares of the same shares, followed by CDR pilot listing in the mainland, Li Xiaojia did not confirm Xiaomi’s intention to market, but described Xiaomi’s listing in Hong Kong would be 'surprised’. It was also pointed out that with the expansion of the listing system in both Hong Kong and China, it is expected that companies will successively or simultaneously list the 'CDR + Hong Kong stock'.
According to Alibaba, Ant Financial Services, which operates the “Alipay”, has also reported that China Hong Kong and Hong Kong will be listed simultaneously. Li Xiaojia pointed out that Ant Financial does not adopt the same rights structure but can use existing channels to list on A shares. However, it is believed that the company will also Listed in Hong Kong.
For Saudi Aramco, Li Xiaojia pointed out that it still needs some work and it is not yet done. It is a matter of time for Saudi Aramco to list in Hong Kong.
The Hong Kong Stock Exchange completed the first round of consultations last year and the second round of consultations in February to study the expansion of the listing system in three areas: (1) innovative industry companies that accepted different voting rights, (2) acceptance of biotechnology companies that did not generate profits, and (3) ) Convenience second listing.
Li Xiaojia pointed out that many companies have received inquiries about the intention of listing, but it will not be estimated how many companies will apply in the first batch. The Hong Kong Stock Exchange is only responsible for setting clear rules. It is ultimately up to the market to decide, but he hopes to proceed in an orderly manner.
For media reports in the Mainland that the two places will try a special channel for the listing of 'new three boards + H shares', Li Xiaojia refers to the fact that there is no so-called 'green channel' and reiterates that it can be listed as long as it meets Hong Kong listing requirements.