GEM, ChangXin Eye Hong Kong Listings

MT Newswires Live01-22

GEM (SHE:002340), one of China's environmental companies, received board approval to list in Hong Kong, accordign to a Monday filing with the Shenzhen Stock Exchange.

The company has not yet ironed out details of its share issuance in Hong Kong.

GEM is listed in Shenzhen, China and in Switzerland.

Meanwhile, ChangXin Memory Technologies, a China-based dynamic random-access memory chip maker, is looking to launch a $1 billion listing in Hong Kong in 2025, The Standard reported separately Wednesday, citing an IFR report.

ChangXin's listing plans come after the US government placed the company in its entity list for alleged involvement in Chinese military operations, the report said.

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