Multiple leading Shenzhen A-share companies are preparing for a secondary offering in Hong Kong

Since the beginning of this year, the Hong Kong stock market has seen a surge in investment enthusiasm. As of last Friday's close, the Hang Seng Index has risen over 23% year-to-date, with active southbound funds flowing into the market through the Stock Connect, significantly boosting market valuations. Supported by ample liquidity, the enthusiasm for mainland companies to go public in Hong Kong has increased, with many leading A-share manufacturing companies in Shenzhen preparing for secondary listings in Hong Kong. By expanding financing channels and attracting more international investors, these Shenzhen companies hope to further enhance their global presence and strengthen their competitive capabilities