At the beginning of 2026, the “going south” boom of A-share companies continued to surge, and many companies launched a sprint towards H shares. According to the reporter's preliminary investigation, from January 1 to January 8, 2026, 6 A share companies, including Juchen Co., Ltd., Penghui Energy, Zhengtai Electric, Desai Xiwei, Societe Generale Silver Tin, and Huasheng Lithium Battery, have announced plans to list H shares; 4 A-share companies, including Jingwang Electronics, Yifang Biotech, Everweft Lithium Energy, and Tianxiaxiu, have submitted prospectus to the Hong Kong Stock Exchange; Pilot Intelligence applied for the issuance of H shares and was listed on the main board of the Hong Kong Stock Exchange to obtain the filing of the Securities Regulatory Commission. Furthermore, Daotong Technology announced on the Hong Kong Stock Exchange on January 2, adding Haitong International Securities as the overall coordinator appointed by the company. Lanqi Technology disclosed the data collection after the hearing on the Hong Kong Stock Exchange on January 5, which is only one step away from the “A+H” listing. Zheng Lei, an economist and director of the Overseas Service Industry Committee of the Shenzhen Consultative Association, told the Shanghai Securities News reporter: “This 'batch southward' is a rational choice for enterprises under the triple resonance of policy windows, financing needs, and internationalization strategies. In the short term, this phenomenon is expected to reshape the structure of the Hong Kong stock industry and increase the weight of technology and the new economy; in the medium to long term, if liquidity and regulatory environment continue to be optimized, the 'A+H' dual platform may become a 'standard allocation' for leading Chinese companies, further enhancing their global resource allocation capacity and resilience to risks.”

At the beginning of 2026, the “going south” boom of A-share companies continued to surge, and many companies launched a sprint towards H shares. According to the reporter's preliminary investigation, from January 1 to January 8, 2026, 6 A share companies, including Juchen Co., Ltd., Penghui Energy, Zhengtai Electric, Desai Xiwei, Societe Generale Silver Tin, and Huasheng Lithium Battery, have announced plans to list H shares; 4 A-share companies, including Jingwang Electronics, Yifang Biotech, Everweft Lithium Energy, and Tianxiaxiu, have submitted prospectus to the Hong Kong Stock Exchange; Pilot Intelligence applied for the issuance of H shares and was listed on the main board of the Hong Kong Stock Exchange to obtain the filing of the Securities Regulatory Commission. Furthermore, Daotong Technology announced on the Hong Kong Stock Exchange on January 2, adding Haitong International Securities as the overall coordinator appointed by the company. Lanqi Technology disclosed the data collection after the hearing on the Hong Kong Stock Exchange on January 5, which is only one step away from the “A+H” listing. Zheng Lei, an economist and director of the Overseas Service Industry Committee of the Shenzhen Consultative Association, told the Shanghai Securities News reporter: “This 'batch southward' is a rational choice for enterprises under the triple resonance of policy windows, financing needs, and internationalization strategies. In the short term, this phenomenon is expected to reshape the structure of the Hong Kong stock industry and increase the weight of technology and the new economy; in the medium to long term, if liquidity and regulatory environment continue to be optimized, the 'A+H' dual platform may become a 'standard allocation' for leading Chinese companies, further enhancing their global resource allocation capacity and resilience to risks.”