According to Securities Times, in response to the latest global changes, the Hong Kong Exchanges and Clearing Limited (HKEX) and the Securities and Futures Commission (SFC) have made preparations in accordance with the instructions of the Hong Kong Special Administrative Region Government, and have contacted some relevant enterprises. If Chinese concept stocks that have not yet been listed on the Hong Kong market wish to return for listing, appropriate guidance and assistance will be provided for their listing in Hong Kong. To align with the latest economic trends and enterprise needs, and attract more enterprises from different regions to list in Hong Kong, the SFC and HKEX are advancing a comprehensive review of the listing system. This includes reviewing listing requirements and post-listing ongoing responsibilities, examining listing rules and arrangements to improve the approval process, and studying the optimization of thresholds for dual primary listings and secondary listings, among other aspects. The relevant review will further facilitate the listing of emerging industry companies and overseas enterprises in Hong Kong. A spokesperson for the Hong Kong Financial Services and the Treasury Bureau stated that Chinese concept stocks listed overseas have long had the intention of returning to the Hong Kong market. To meet such demands, HKEX has launched a series of listing system reforms in recent years, including a comprehensive review of relevant listing mechanisms targeting the financing needs of Chinese concept stocks and other overseas issuers, so as to further facilitate the listing of Chinese concept stocks in Hong Kong. As of the end of March this year, since the 2018 listing system reform, 33 Chinese concept stock issuers have returned to Hong Kong for listing. Regarding the volatility brought to the global market by U.S. tariffs, the spokesperson said that the SFC has not so far detected any behavior that may trigger systemic risks or seriously affect financial stability, nor has there been excessive leverage or concentrated positions. In the stock market and stock derivatives market, there has been no significant increase in positions, nor has there been concentration or accumulation of short positions. Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury, previously stated that there are currently about 300 to 400 Chinese concept stocks listed overseas, and the companies that have already listed in Hong Kong account for 70% of the market value. The exchange has been making great efforts to attract Chinese concept stocks to list in Hong Kong, and welcomes them to list here as long as they meet Hong Kong's listing requirements. On April 13, Paul Chan Mo-po, Financial Secretary of the Hong Kong Special Administrative Region, wrote in his blog column that in response to the latest global changes, he has instructed the SFC and HKEX to make preparations, and that Hong Kong must become their preferred listing destination if Chinese concept stocks listed overseas wish to return. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All Rights Reserved. Meishun Meiyin (Hangzhou) Consulting and Management Co., Ltd. is a domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same ultimate controller. Both companies are under the same ultimate controller, managed under the principle of One China, and comply with the laws of Hong Kong and mainland China.