Two more companies listed on mainland China’s stock markets have announced plans to go public in Hong Kong, signaling renewed activity in the city’s financial markets.
EVE Energy, a leading lithium battery manufacturer, has proposed issuing H shares and listing them in Hong Kong, according to a filing with the Shenzhen Stock Exchange. The company said the move is aimed at boosting its competitiveness and strengthening its international brand.
EVE Energy stated that it will carefully consider the interests of its existing shareholders and assess the conditions of both domestic and overseas capital markets. It plans to choose an appropriate time for the listing within the approved period set by its shareholders.
CHJ Jewellery, also listed in Shenzhen, announced a similar plan to issue H shares and list in Hong Kong. The company said it is currently working with relevant intermediaries, but details of the offering are still being finalized.
CHJ explained that the listing will help expand its global presence, improve its international brand recognition, and strengthen its access to overseas capital.
Hong Kong remains one of the world’s top markets for initial public offerings. As of this year, companies have raised a total of HK$77 billion through IPOs. This includes a major share sale by battery giant CATL, which raised HK$41 billion in May.
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