What are the conditions for the issuance and listing of H shares (listed on the main board of Hong Kong)?

1. When the company goes public, it is estimated that the circulation in the secondary market will be no less than 1 billion Hong Kong dollars, of which more than half will be issued in Hong Kong; 2. If the issuer does not issue A shares in China, the H shares held by the public shall not be less than 25% of the total shares of the company, unless the expected market value of H shares of the company exceeds HK$ 4 billion; 3. If the issuer has issued A shares in China, all H shares are held by the public, and the H shares held by the public are not less than 65,438+00% of the total share capital, and the total A shares and H shares held by the public are not less than 25% of the total share capital of the company; 4. For every share with a value of HK$ 654,380,000,000, no less than 3 shareholders will be allotted shares, and the Company has at least 654,380,000 shareholders;

5. The controlling shareholder of the company (holding 30% or more of the company's shares) cannot own the business that may compete with the business of the listed company; 6. The company shall appoint at least two directors independent of the controlling shareholder to represent the interests of public shareholders; 7. The company must have an operating record of three consecutive years under the management of the same manager, with a profit of not less than HK$ 20 million in the latest 1 year and a total profit of not less than HK$ 30 million in the previous two years. 8. Unless licensed by the Stock Exchange, the company must have two executive directors who usually live in Hong Kong; If the Stock Exchange exempts this item, the mainland company must have a special telephone, fax, continuous sponsor and company secretary in Hong Kong to ensure the effective contact and communication between listed companies and overseas investors; 9. The company must employ sponsors (or other financial advisers recognized by the stock exchange) during the recent listing period of 1 year; 10. There are three-year financial reports audited by independent accountants according to Hong Kong or international accounting standards, and the time interval between the latest report and the listing report is no more than 6 months; The above is the guidance of experts from the 5 1 fund project network, and I hope it will help you.