Why do many companies choose to list in Hongkong or other countries instead of Chinese mainland?

First of all, Hong Kong has been a world-renowned international financial center since the 1980s. It is also known as the world's four largest financial centers along with new york, London and Tokyo, and its stock and securities market ranks second in Asia, second only to Japan.

Because the Hong Kong stock market is a free system connecting the whole world, companies from anywhere in the world can invest in Hong Kong, and Hong Kong can also accept investments from anywhere in the world. At the same time, companies listed in Hong Kong can also invest their funds anywhere in the world through the Hong Kong stock market (which is impossible for the mainland stock market). Companies listed and financed in Hong Kong are global. This is why mainland companies can easily accumulate a large amount of foreign capital in a short time by listing in Hong Kong.

Listing in Hong Kong is conducted in Hong Kong dollars, which is a freely convertible currency and can be freely exchanged with any currency in the world (RMB is not yet freely convertible).

Hong Kong has the most complete legal system, the most transparent supervision mechanism and the most mature commercial market, and funds can flow freely without restrictions. Make securities trading more free and fair.

Finally, because listing in Hong Kong requires a very strict assessment and audit by the Hong Kong Securities Regulatory Commission, mainland companies can conduct self-examination and self-improvement, enhance their own strength, improve the company structure and straighten out the management mechanism.