A TWO-DAY seminar on overseas listing starts on Friday to fully explain market mechanisms and the purpose of financial public relations to Chinese entrepreneurs and potential investors.
Representatives of 37 Chinese concerns will attend the Beijing event, including the state-owned enterprises which have been listed on the Hong Kong stock exchange and a second batch of companies designated by Beijing for issuing H shares overseas.
The shortlist also consists of four B share counters, for the Shanghai and Shenzhen exchanges.
Richard Tsang, director of Edelman Financial, a co-organiser of the symposium along with China Securities Regulatory Commission, said the function would enhance the knowledge of Chinese entrepreneurs and improve the image potential investors had of the counters.
In addition to explaining listing procedures in Hong Kong and the United States, the seminar would touch on marketing in Europe and secondary listing through American Depositary Receipts (ADRs) in the US, Mr Tsang said.
ADRs have become popular with Chinese companies because they provide access to the US market and raise company profiles worldwide. Beijing has so far approved five state-run firms for primary listing in the US, so other companies opt for ADRs.
