Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Shenzhen Qianhai Rolls Out Financial Measures to Empower Low-Altitude Economy, Explores Fast-Track Listing Channel with Hong Kong Exchanges and Clearing (00388.HK)
Recommend 11 Positive 19 Negative 5 |
||||
|
||||
|
The Qianhai Authority of Shenzhen released the "Twelve Measures on Financial Empowerment for the High-Quality Development of the Low-Altitude Economy Industry in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Consultation Draft)" for public consultation, proposing to explore the establishment of a fast-track listing channel for low-altitude economy enterprises with Hong Kong Exchanges and Clearing (00388.HK). The measures propose leveraging the "Specialized and Innovative" board of the Shenzhen Qianhai Equity Exchange to support the establishment of a "Qianhai Low-Altitude Economy Zone" and to introduce an innovative dedicated financing service model of "loan upon listing." At the same time, authorities encourage listing cultivation, compliance guidance and cross-border capital services for low-altitude economy enterprises, facilitating step-by-step access to multi-tier capital markets including the Shanghai and Shenzhen Main Boards, the ChiNext Board, the STAR Market and the Beijing Stock Exchange, while promoting more such enterprises to list on the National Equities Exchange and Quotations through a "green channel" review process. The measures also encourage insurance institutions to develop products covering new aircraft such as electric vertical take-off and landing aircraft (eVTOL) and industrial-grade unmanned aerial vehicles, as well as their engines, propellers and other key core components. Insurance products covering research and development, property, products, liability and talent are to be promoted. Low-altitude economy enterprises purchasing the above insurance products will receive a subsidy of 50% of the actual premiums paid, capped at RMB500,000 per enterprise annually, with a maximum annual reward of RMB5 million. In addition, the measures support innovation in cross-border "inaugural flight" insurance products across Shenzhen, Hong Kong and Macau. Insurance institutions in the three regions are encouraged to develop innovative cross-border low-altitude economy insurance products tailored to cross-border application scenarios and to explore mutual recognition mechanisms for cross-border insurance policies. Insurance institutions underwriting low-altitude economy insurance projects for Qianhai's first cross-border route will receive a one-off reward of RMB200,000 per project, with a maximum annual reward of RMB600,000. (ta/da) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
