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Red chip stocks: way back to A-share market arduous and long

While the spin-off listing of A-share market listed companies have largely suspended, red chip stocks listed in Hong Kong meet similar difficulties when they are seeking to spin off and return to China’s A-share market. Perceived from the most recent cases of But'one Information Corporation, Xi'an (600455.SH) and Suzhou Yangtze New Materials Co., Ltd. (002652.SZ), which have terminated the reorganization and received a series of inquiries from the regulatory departments, the door for the return of spin-off listing has not yet completely open. In other relevant cases, no progress has been made either.