With the deepening of global economic integration, more and more Chinese enterprises have begun to seek overseas listings to obtain a wider range of capital support and enterprise development opportunities. Among them, the Australian ** Exchange (ASX) has become the choice of more and more Chinese companies.
So, why do Chinese companies want to list in Australia?What are the benefits of listing in Australia?This article provides you with a comprehensive interpretation of the six benefits of listing in Australia.
1. Open capital channels and enhance global vision.
Australia's GDP growth rate is the largest in the world, and the Australian Exchange (ASX) is also one of the top 10 exchanges in the world, with an average daily trading volume equivalent to four times that of the Singapore Exchange. The ASX's listing rules, trading system and regulatory regulation are very similar to those of major European and American exchanges. After the company is listed in Australia, it can go to the NASDAQ for a second listing and enter the more liquid capital market.
Second, Australia has a high price-earnings ratio and smooth financing channels.
Listed companies on the Australian ** Exchange (ASX) have an average price-to-earnings ratio of more than 20 times, which is higher than that of the Hong Kong Stock Exchange and also higher than that of the Singapore Exchange. Australia's ** market is mature, Sydney is also a global financial center, major international capital has an Asia-Pacific headquarters or branch in Sydney, and the refinancing channels of ASX listed companies are smooth, which helps listed companies to use the capital platform to increase financing and mergers and acquisitions.
Third, the listing fee is lower and the time to market is shorter.
The overall cost of listing in Australia for Chinese enterprises is about 800-12 million yuan (the specific fee standard, **Hui twotwo100 understand), which is much lower than the cost of China's IPO, and also lower than the listing fee of mainstream capital markets such as NASDAQ and Hong Kong Stock Exchange.
At the same time, it only takes 6-12 months to complete the entire process for listing in Australia, while it basically takes 2-3 years for an IPO in China. Shorter time to market allows enterprises to save time and costs and enter the capital market faster.
Fourth, improve the brand voice and help business development.
After landing on the Australian ** exchange and becoming a listed company, the brand awareness of the enterprise will be comprehensively improved, the recognition of the enterprise by channel providers, first-class businessmen, customers, etc. will be improved, and the conversion rate of cooperation will also be comprehensively improved, which will help to comprehensively improve the performance and make the enterprise bigger.
Fifth, get the best support and get the support of financial institutions.
After a successful listing in Australia, Chinese companies can obtain relevant listing incentives and subsidies from local governments according to relevant policies, and can also receive support from industry policies and other aspects.
At the same time, after the listing of enterprises, the credit rating will also be improved, and banks, trusts and other financial institutions are more willing to provide debt financing, which also brings new development opportunities to enterprises.
6. Attract high-end talents and improve organizational capabilities.
Many companies have introduced option incentive systems for employee teams, but the value of these options will only be more recognized by the team if the company is listed. Therefore, a listed company is obviously easier to obtain the recognition of high-end talents, and the joining of high-end talents will also speed up the operation of the enterprise. Higher visibility and a better platform for listed companies will help enterprises comprehensively improve their organizational capabilities.
For Chinese companies that want to expand overseas markets and gain more opportunities, listing in Australia is an option worth considering. Start the listing process as soon as possible, and promote the growth of the enterprise with the help of international capital as soon as possible.