Mainland companies go public in Hong Kong to deepen cultivation and improve quality, and build a solid financing foundation with their strong core strength.

On one hand, the enthusiasm of mainland companies going public in Hong Kong is continuing to rise, on the other hand, rumors of a "HK$30 billion market value threshold for Hong Kong IPOs" are disturbing the market, making Hong Kong IPOs a hot topic in recent days. Although this news has been proven to be false, it has added a bit of a wait-and-see attitude towards Hong Kong IPOs in the market. Behind this, there is a reflection and consideration on the market's part regarding the quality of some companies' listings and the pressure on fundraising for some individual companies. A securities industry professional pointed out that the HK$30 billion market value threshold is not realistic for current Hong Kong IPOs. Since the rise in popularity of mainland companies going public in Hong Kong last year, some companies with average qualifications and not in popular sectors have successfully issued IPOs, but fundraising has been difficult. At the same time, under the surge of IPO applications, the workload of sponsoring firms has increased, leading to a decline in application quality, which has attracted regulatory attention and sparked market speculation. Regardless of changes in policy, companies must cultivate their strengths, and compliant and high-quality companies are welcomed in any market.