Hailiang explores Hong Kong H-share listing for global strategy

Zhejiang Hailiang Co., Ltd. announced its plan to explore an H-share issuance and subsequent listing on the Main Board of The Stock Exchange of Hong Kong Limited. This strategic move aims to deepen its global presence, elevate its international profile, and strengthen its overall competitiveness by better engaging with international capital markets.

The company is currently in discussions with relevant intermediaries regarding the proposed H-share offering and listing, with key details still being finalized.

The proposed listing requires multiple approvals, including from the company's board of directors and shareholders, the China Securities Regulatory Commission, The Stock Exchange of Hong Kong Limited, and the Securities and Futures Commission of Hong Kong. Investors are advised to monitor future announcements due to inherent uncertainties associated with the approval and implementation processes.