The Hong Kong Stock Exchange's "simplified transfer mechanism" is effective. The second GEM to main board transfer of the year has been successful.

On November 3, Oceanwide Holdings transferred from GEM to the main board for listing, becoming the second company this year to "leap" from GEM to the main board on the Hong Kong Stock Exchange. At the same time, several GEM companies, including Youzan, are currently seeking to transfer their listing. Industry insiders interviewed by reporters believe that as long as GEM companies meet the requirements of profitability, market value, and compliance operations, they can benefit from the Hong Kong Stock Exchange's "simplified transfer mechanism," opening up greater opportunities for future financing and international expansion.