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Proposal to Link Shenzhen-Hong Kong IPOs Boosts Bay Area Ties

3/3/2026

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Story summary
  • Wong, a Chinese People's Political Consultative Conference (CPPCC) member, proposed allowing Shenzhen and Hong Kong to participate in IPOs simultaneously to boost Greater Bay Area ties.
  • The proposal comes ahead of CPPCC and National People's Congress meetings to discuss the 15th five-year plan.
  • Wong's idea builds on a June decision allowing Hong Kong companies to seek secondary listings on Shenzhen.
  • The Stock Connect program, established in 2014, facilitates cross-border trading.