PEAK Sports Return To The Possibility Of Domestic A Shares Further Increase.

Yesterday, PEAK sports announced that the company's controlling shareholder, Ever Sound Development Limited, had informed the company that it was initially considering the proposal to arrange an agreement on PEAK sports's shares under the agreement arrangement.

If implemented, it will lead to privatization of PEAK sports and remove the cards from the HKEx.

Based on the above preliminary considerations, it is not yet guaranteed that the proposed protocol arrangement, privatization and delisting will be carried out.

In conjunction with the announcement of the PEAK sports released in May 23rd, "the change of the chief financial officer, the company secretary, the authorized representative and the agent of the legal process documents and notices in Hongkong", the industry speculated that, considering the low share price and narrow financing space, the return of PEAK Sports has been "in the firing line".

The SFC noted the reflection of the market, and conducted in-depth analysis of the possible impact of such enterprises through IPO, mergers and acquisitions to return to the A share market, and the return of overseas enterprises.

Or will be strict, this has caused some pressure on PEAK sports's "home".

Information shows that

It has been more than six years since it landed at the Hong Kong Stock Exchange in 2009.

In addition to PEAK sports, the mainland's most popular sports brands include Anta, Lining, 361 degrees, China's trend, XTEP and the precious birds. Among them, only the birds are listed on A shares.

The reason why such a local sports enterprise collectively goes to Hong Kong is due to the fact that the sports industry has not received such high attention and policy support today.

At the same time,

The threshold for listing is relatively high. For sporting goods enterprises, the whole process cycle is relatively long, and there are many uncertainties.

At present, the total market value of PEAK sports is HK $4 billion 590 million (about 3 billion 860 million yuan). If we compare the valuation with the valuation, PEAK sports that return to A shares will reach nearly 20 billion yuan.

However, it is worth noting that although the return of PEAK sports in the industry seems to be able to raise the financing space, it is a good choice, but this does not mean that PEAK sports will return smoothly.

On the one hand, compared with the US listed companies, the privatization of Hong Kong stock listed companies is relatively difficult to withdraw.

On the other hand, in the past three years, 5 overseas listed red chip enterprises have been delisted, and they have gone back to the A share market through mergers and acquisitions.

The market has raised some doubts about this. It is considered that such enterprises have great particularity in their return to the A share market. The obvious price difference in domestic and foreign markets and the speculation of shell resources should be highly concerned.