China's EVE Energy, CHJ Jewellery plan to list in Hong Kong

Two more mainland-listed companies announced plans to go public in Hong Kong, as the city’s financial market has been reignited.

Lithium battery maker EVE Energy proposed to issue H shares and get listed in Hong Kong, aiming to further enhance its competitiveness and its international brand, according to a filing issued in the Shenzhen Stock Exchange.

The company will take into full consideration the interests of the existing shareholders and the situation of the domestic and overseas capital markets, and will select an appropriate timing and window of issuance to complete the listing of the Issue within the validity period of the resolution of the general meeting.

CHJ Jewellery, also traded in Shenzhen, announced the H share issuance plan today.

The jeweller said it is actively discussing with the relevant intermediaries in relation to the issuance and listing of H shares and the specific details have not yet been finalized.

The firm said the listing in Hong Kong aims to promote the strategic layout of globalization, enhance the international brand image and comprehensive competitiveness, and strengthen the connection with overseas capital markets.

Hong Kong is also among the top initial public offering markets in the world, with a cumulative fundraising amount of HK$77 billion year-to-date, after battery giant CATL’s HK$41 billion mega share sale in May.

STAFF REPORTER