The move is also a major victory for the financial centre, despite concerns about Beijing's plans to implement a national security law in Hong Kong. The company submitted a preliminary prospectus to the Hong Kong stock exchange (Hong Kong Stock Exchange) yesterday without any details of the sale. The company could launch an offering as soon as next week to raise at least $2 billion, according to Bloomberg (Bloomberg News).
Executive Solutions Ltd works closely with clients to set up china virtual office, helping you to enter the Chinese market at lowest prices in China. Contact us at 31882245 to make doing business in China simple and easy!On the same day that the application was submitted, NetEase (NetEase), an online game company, told potential investors that it planned to price its Hong Kong listing at HK $123 a share. Escalating tensions between Washington and Beijing are increasing risks for Chinese companies such as JD.com and NetEase, which seek to expand their investor base.
How to use company seal hong kong? In Hong Kong, under the New Companies Ordinance (NCO), companies are no longer required to have a common seal. Contact Executive Solutions Ltd to know more.Us capital markets are becoming indifferent to Chinese companies and there have been concerns about the impact of upcoming national security legislation on Hong Kong, including the resumption of protests. Last year, the listing of Alibaba Group (Alibaba Group Holding) in Hong Kong, valued at US $13 billion, was hailed as the return of Chinese companies and a victory for (Hong Kong Stock Exchange), the Hong Kong Stock Exchange, which lost many of its largest technology companies to American exchanges because dual equity voting was not allowed at that time-a requirement that was later relaxed.
Amid rising tensions between the US and China, it warned US investors to be wary of fraudulent accounting practices by Chinese companies and said Nasdaq's recent decision to tighten listing rules for such companies should be a "model" for other exchanges around the world. His comments on the issue suggest that the Trump administration wants to make it harder for some Chinese companies to trade on exchanges outside China. The US president issued a memo on Thursday calling for proposals to be issued within 60 days to protect US investors from what he said.Related articles: