On the morning of January 18th, Hongfa Group (Australia) LTD (SSX Code: 8HF) was listed on SSX (Sydney Stock Exchange). It is not only the first company in Tianjin who has been listed on the market of Australia, but also the first Chinese enterprise that is listed on SSX in 2016.
On the morning of 18th, Liu Jinhong, the president of the China-invested enterprise that has been listed on SSX, struck the gong of the Stock Exchange, which marks the beginning of the listing ceremony.
“Zhou Shenghan , the director manager of Hongfa Group (Australia) LTD, and Zhao Hongwei, the CFO of the company expressed that among all the business sectors of Hongfa Investment Group, the property management is a well-managed one, therefore, it is chosen to be landed on the Australian market. Its successfully public listing on SSX is the first step to the internationalization of capital, which makes a good start. In future, we will continuously inject high-quality assets of our group company into this platform. Meanwhile, by this opportunity, we will speed up our efforts in looking for promising projects and good partners in Australia. Based on a good management system inside the company, we will expand our business scale rapidly through merger and acquisition and obtain anticipative operating income, which in turn will bring profitable returns for our investors. Thus our business can take roots in Australia and build a bridge between enterprises of China and that of Australia for their mutual development.
The chief operating officer of SSX, David Lawrence expressed that SSX will provide not only diversified investment channels for individuals and institutional investors in both China and Australia, but also a wide range of financing channels for growth-type enterprises in the two countries. Moreover, on one hand, SSX makes it easier for Australian enterprises to broaden Chinese market and makes it possible for them to obtain capitals from China. And on the other hand, SSX lays a good foundation for Chinese enterprises’ going abroad and the internationalization of RMB. It also establishes a good basis for the flowing and trading of RMB in western capital market.