Why do so many companies go public in Australia? What are the benefits?

The financing amount of Australia is similar to that of Hong Kong in the world, sometimes ranking fourth and fifth in Hong Kong, and sometimes fourth and fifth in Hong Kong. The place where China enterprises want to go public most is Hong Kong, so since the main board of Australia is similar to Hong Kong, why not consider Australia?

At present, listing in Australia has the advantages of low listing threshold, good financing environment and flexible capital market. The entry threshold of Australian Stock Exchange (ASX) is also low, with a net tangible asset value of A $3 million or a net profit of A $6,543.8+0,000 within three years and A $400,000 within one year, which can meet the minimum requirements for IPO listing. Another point is that the time to market in Australia is short, only about 19 weeks.

It is also very important that the Australian capital market is very flexible and is currently promoting the listing of many listed companies in Australia. In other words, if you are listed in Australia, you can apply for listing on the Nasdaq Stock Exchange in the United States and the exchanges in Britain, France and Germany at the same time. The software of the exchange is approved by the United States and the European Union, which can realize 24-hour stock trading.

Based on these advantages, many companies choose to go public in Australia, such as Fuqiao Foot Bath, Dingshengxin, Greentown Service, Zhongke Optoelectronics, Jiajiafu, etc., all of which were successfully listed in Australia under the guidance of Zhanteng Investment Group.