Central Office and State Council Allow Dual Listings for Greater Bay Area Enterprises on Hong Kong and Shenzhen Stock Exchanges
2025-06-10 / Read about 0 minute
Author:小编   

The Central Office and the State Council have released the "Opinions on Further Advancing the Pilot Comprehensive Reform in Shenzhen," which underscores the enhancement of financial services' support for the real economy. The Opinions outline a series of initiatives, including Shenzhen undertaking special pilot projects aimed at integrating technology, industry, and finance. These projects will refine practical applications and regulations for credit and intellectual property securitization among technology-driven enterprises. Furthermore, the coordination mechanism for debt and equity financing of such enterprises will be optimized, and green financial reforms will be deepened.

Notably, the policy permits insurance funds to invest in private equity and venture capital funds within specified sectors in Shenzhen, adhering to relevant laws and regulations. Critically, eligible enterprises located in the Guangdong-Hong Kong-Macao Greater Bay Area and listed on the Hong Kong Stock Exchange are now allowed to list on the Shenzhen Stock Exchange, adhering to the policy guidelines. This dual listing provision aims to further facilitate capital flows and growth opportunities for enterprises in the region.