1、2022年08月!#$%&()*+,-#$./012#$3456!#$!#$%&()*+,-./0123$412$41256789:&;?ABCD!E$%12$%125FGHI+J=KL$%&MNOPIE$/12$/125QRST$%&UV=WXYZ_a()bcde=$%&$%&*fgbcahijk&lm*no=pqr#stuvw=&x&y*zl|vEfg&*fg&*&v=!Y=QY=“”-y*$%&?:;xpp;D!&4-*lmno=z*:;BCfg&fg&zl*:p;a!$%&=s!#:;Exno*QW+xQW+p;$%&$%&fg&fg&=4-gz!#+7*p?agde=$%&$%&*U

2、Vy4-ST=i:;*BC=!#gA+OBC=UV!saz#0)*zl!#?=$%&$%&fg&fg&fg/3fg&*A#E+*QjkA#!E#$%h&#fg&aY de=(9:(9:)*+,-)*+,-./a)*#&+*Y=01Z!$%&21fg&=(9:(9:345!+*6Y78%345!+*6Y78%!#!$%&()*$%+,-&./012#!$%&()*$%3456789:;港交所第二上市发展历程$412367$41236789:89:&;?ABCD!&;?ABCD!9:;=!#67+,-&;?vA+D!$%&9?=ABCDEFGHIFGHIJ089:./a!$%&*BCKyHLMNO

3、HLMNOPPQRpQRpSTPUVbWXYBCSTPUVbWXYBCZd/D!&BCa!&=1a_s=a!&hQBCaabc1Qde*fg)h!89:4iD“”j=ik*?l=mnoF=i&BCDpqrstuvwx=yyzt|=UV!Y44UV!Y4489:89:d/&*BCd/&*BC$%123FG$%123FGHHI+J=KL$%&MNOPII+J=KL$%&MNOPI9?:9|=!#Jaf&lmW/0I=$(IP$F(IP$FGHI=/KL&()MNOPIW$FG$FGHHIIA+a!$%&vT*?=iya)&WXYZ!pqrD“”9?9|=AAAA/d!#=Oly=J0ta)Y“!Y

4、”&*W*7&BCy=PPPP)yyKLuZx$/123QRST$%&UV=WXYZ_$/123QRST$%&UV=WXYZ_99?|=!#+O*A+&()=999?|$%&UV=STfg&=a)&WXYZ!vT*999D=DPDPZKLZ!#$%&()*+,-!#$%&()*+,-!#$%&()*+,-./01234!$!&56789:;?)AB12CDE!#$F&!F(G12HIJAKLMNOP!Q$&!R(STUUV)AB12!$&Q(GWXOYZ12_JOP!$a&(b=cd12e?V)fAB港交所第二上市公司名单999;=$%&d/a!#-*BC?=W?9?y&*WXY!#$%&()

5、./012!#$%&()./012gJ+&|&J|RJ+!&J|!344546789:;?3?=3=AB=C6CD?63335E6DD4A3E544678FG=H?3?=3B=A3=36455II?J45E63CA?3E5E5678KL=H?3?A=A?=35=6A5C5AB65BC34A463A4A3EE4A678M-NO=?3?A=3C=AEC6DD?5B6B333AJ?65D4D3E4?4678PQPQ=H?3?A=3B=?E=36EE3AAE56BD3BJ3CC65E543E555678RSNO=H?3?A=3B=?B363333?B465?33JA?56453?3?DA5678TUV

6、W=?3?A=3B=AD?63E5BC6CCD3E356A5D3EE3A678XYZ=?3?3=AA=3EAC63DEEE643?JB3D6BC3A3E4E5678=H?3?3=AA=3?64?A?A?D6?53AJ?A6353EEEA678_ab=H?3?3=3E=?EA6B?4EB?63?33?3B64?53?3D678.cde=H?3?3=3E=?EE6ACBE46CD?J3AE6DDA3AAE678fgNO=?3?3=3E=?C6AB5DE6?C53EEE6D53A3EE5678Rh.=?3?3=3E=A3=D6?EABA363?33AJ4BD6BDBA3E4A5678iYNO=H?3

7、?3=34=A5B6DBE5?E6A33J?BA6C45?3EEEE678jk=?3?3=34=AAD64EAA?3E6?ED3CJCD56?ACA3EE55678lmnn=H?3AE=AA=?446DE3E5D6D33C3JA?A643B34?55678opqrstqpuv=ws?3AC=3B=3DIIIIII3A55678xyz=?3A3=3A=?E=AA6ABEB?56C33A536E?33ECD678|=AEEE=3E=?IIIIIIG第二上市与双重主要上市优劣势对比XiXi$%&QNLM#s*l-4fg&vT=&BCfg21$4&#aCe*l-xa!=$%&BCsgaY gy5Qfg

8、&9MqM=1”0|b$4&-a)Y(Yb&*=a!bblmufg+&x=*lm5a!JBK+Y*BCg4n=fg&d/!&*WXYPPP“PfPPPPgbabcibci$%&*fgbcahijk&lm*no=pqr#stuvw=&x&y*zl|vcah!Y=i4-“”=$4&+v=$%&Z4-“”fg&*&v=!Y=QY=“”cah&v=&x&ye*zl|Zv$%&$%&fg&fg&!#$%&()*&+,&-./(012345678+92:*;?&!ABCDEFG0*HIJ8KLM*N2OPQNRSTUVW*XYVZ*P_abc&de2fg*JNhij&d&dek2lm.nopqrsRSTU

9、VW*rstTuMvwMxByU.&dehz&dpq|z&dR&()*8KBFyU&K&a2*W8KDE&,&-./(012!&()!&()“”“”()()&()()&()()$%&#no*$%&#no*&lm&lmhjh3hjh3ghG12OYZijkYlm*nCophIJq9rstuvwxyzuvwqu|CDEqDPC*nx*nghD“”p$HqghGhIJq$x CHqOwxqxH-(C:DExf-“Cx“YC=xG#$%()G两种上市方式对不同投票权及VIE架构的规定-y*$%&?:;xp;D!&4-*lmno3z*:;BCfg&fg&zl*:p;a!$%&=s!#:;Exno*QW+

10、xQW+p;$%&$%&fg&fg&=4-gz!#+7*p?&()()&()()-ut-ut”&d/&d/$%&$%&fg&fg&00343434COYZ)*+fAB12*n+f12q:DE=C0fAB12CCOYZxOYZf123434COYZxOYZ34fAB12)*+O-CCOYZxOYZ3412)*+O-C!*n+!#lm*n+$%&lm2(x)*lm*n+2(+,-./2(Y:01231245COYZ=6COYZ!789!%$!&:(;9!%$!&:(?!$&a(;=*n+f12=x!$&a(;ABCDECFZOYZ!=*n+12+=:GCOYZG#$%()第二上市与双重主要上市发行

11、条件对比a*gde=1:;sg!*UV3ih$%&=i:;*BC=!#gA+OBCOBC=UV!saz#0)*zli:BC=xgmifg&lm=1&#”*zlihgfg&fg&./d!#*A+=g$%!#&lm=f&(&()()”;&()()”;&d/&d/$%&$%&fg&fg&;u6)B3$k%S”uu6)A33$k%S”X()”Vu6)C33r#uu6)A33r#S”A3#u6|BD33#|CD33#|5333#)D#uu6)()C3#D#uuu6)D#()?3#”A#X;Vu6()!C33#uu6()!A33#!A3#G#$%()!:HHIHIJxKLMNDEgOP!$&(QHRSGT

12、H_J有望获准来港第二上市的中概股名单G.#$%&?3?DD(!#!$%&()*$%+,-&./012#!$%&()*$%3456789:;第二上市如何转为双重主要上市？!#?=$%&fg&fg/3MM fg&*A#fg&*A#)+*QjkA#!+*QjkA#!NN#$%h&#fg&#$%h&#fg&h$%&i+4-*lmno=afg&t=no*+i*%=no*+*,-./011ih#$%=234,-=&BCsgafg&y=56e!#&lm!)&()*()”+,-./!)&()*()”+,-./A?”01.234#;56789;567:;5()”?AB“C”()DEFSGHI(1!#$%&(!

13、#$%&(?%“6JK*LMN()&OPQR”L-/EFS$%”$k*TcU(.VVW”XY$kcUZ(B“C”()D)*$%+,-./012)*$%+,-./012*()V(%“6JKS$%_abc()Dde01.34.534.5AG#$%()第二上市与双重主要上市的股票跨市场流通+*Y 17b*8h+*Y 9:3(9:(9:)*+,-)*+,-./a)*#&+*Y=01Z!$%&21fg&=(9:345!+*6Y78%$%;8%4-=?0|=hDp=%k#8%*AB-!)”&*WXYCh4n*uu(D8(D8xx&*BC=mh(Y6Y5!6Y#8%=4-*EFG=EGR)HIJ!pwspw

14、s4#fc0gh*i-jk4#fc0gh*i-jkGlmnojpwspqrL0stuv4#wtv.xyz|0s!#$%&()*+,-./01!#23456()789:;5?A()*+./%&BC2DE5?FG75?HIJK5?HIJK25?L5MNOJOPAQFG7345MNOB!#RS345634TUHIK25?L345MNOPAQFG75?HIJKV5MNOJOW!#X89:;=Y5?AZ56B25634TUHIK5?HIJK2_56aHIb()*+()*+,+%&cX!#DdA!#$%&()*+()*+$%&!#k+,KLMWNOPQ()e0f)gh$!#0iV89:;=Acj./Vkl

15、()5?mdV34no5W!#2%pno5FG7)ghX89:;stuv0iew0 xV(gy)zAckl()5?WGFG0ulmn0si-uuFG0si-b()e|KZkl()5?BC$()e,-./kl()5?V0fW!#!$%&()*$%+,-&./012#!$%&()*$%3456789:;阿里巴巴-第二上市转为双重主要上市AA”&.AA”&.9;=AA*R9Ra!#&=yh9?9z9?|=AAR)&=9J)=pqrS9?9|=AAZ!$%&=?9!=!#TJ999;n“Y!Y=Yn“Y fg&y=AAv!Y=tD#op*qr4dehQY=“”=s4deZtuY vwz”&lm=BCx

16、vyz”&lm=BCxvyfg&*BCs#l!#l-*r3vz|*#lZsBCvy*BCx“vzl*-()!lmnn4#()!lmnn4#()!蔚来汽车-以介绍上市方式在香港、新加坡第二上市D/&.D/&.9?:?9|=Da#-&=?)=&J|I;)999?|=D/d!#=&d/h!&#f$%&J|I9:!999J?v*Y=a*“”!#!$%&()*$%+,-&./012#!$%&()*$%3456789:;!#$!#$6789:;?ABCDEFGH;IJK78L&MN;GHOP!QRSTUVW&XYZ789:GH_a=oQpq9:rs;tulvwqx;yzyXg|klcY789:ghi78L;bGHYGH;yzlzgK678&-;=3GH1.923;45679Y89YCD:;?ABC:YDQEFGHKIJKLMKNOPQRQSPT2U;*uvwxyzha|$%h+KY|TK#$%&*注：由富途旗下持牌子公司提供服务FUTU 2022.7