Chen Jing, Executive Director of the International Investment Banking Department of Citic Securities, stated: Hong Kong-listed companies have convenient channels for refinancing and rich global merger and acquisition capabilities.

At the "Tide Rising Fragrant River, Gathering Momentum, and Win-Win Cooperation - Seminar on the Integration and Development of Capital Markets in Shenzhen and Hong Kong and Listing in Hong Kong", Chen Jing, Executive Director of the International Investment Banking Department of CITIC Securities, stated that listing in Hong Kong offers convenient channels for refinancing and abundant global merger and acquisition resources. In particular, refinancing in the Hong Kong capital market includes new share issuance, convertible bonds or exchangeable bonds, with characteristics such as high marketization, quick execution process, high certainty, and short lock-up periods. Companies can improve their financing efficiency through accelerated book-building and issuance of convertible bonds within 24 hours, and are also better able to attract strategic global investors. Additionally, benefiting from the liquidity of overseas shares and high acceptance by international investors, companies can pay for overseas acquisitions by issuing Hong Kong stocks, convertible bonds, and other methods, reducing the need for internal funds and merger loans.