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Second, because the regulatory environment of the listing place is different from that of Chinese mainland, China Stock Exchange Company needs to abide by the laws, regulations and accounting standards of the listing place, which may be different from that of Chinese mainland.Third, the characteristics of China Stock Exchange

Experts generally believe that many factors that suppress the Internet industry are improving marginally. Although the specific improvement factors are not specified in detail, it can be speculated that they include positive factors such as policy support and warmer market demand.On October 8th, because our capital market was closed during the 11th period, Hong Kong stocks rose first, and then foreign countries sang us empty. Hong Kong stocks also took the lead in the callback. I think the callback has been sufficient. Therefore, regardless of Hong Kong stocks or the corresponding Chinese stocks listed in the United States, basically, the brokerage and Internet platform economy should shake the bottom, and the future will be revived.At present, the latest P/E ratio of Hang Seng Technology Index is 12.89 times, which is at a historical low. This valuation level shows the investment attraction of the current market, especially after considering the historical quantile data. For example, the price-earnings ratio of Hang Seng Science and Technology Index (market value weighted) is 20.62, and the 3-year split point is 12.77%; The P/E ratio (positive equal weight) is 15.44, and the 3-year quantile is 25.14%. These data show that the valuation of Hang Seng Science and Technology Index is relatively low, at a historical low level, regardless of the market value weighted or the price-earnings ratio calculated by equal weight method.

On November 22nd, the 11th world internet conference Wuzhen Summit ended successfully. The event attracted the participation of more than 1,800 experts from more than 130 countries, and the "next decade" of the Internet industry will remain a global concern.We are waiting for the arrival of the internet market, and the stock price is definitely a historical low.I am a practical person. I have always been optimistic about Hong Kong stocks, and my words and deeds are consistent. Let's see if it can be reversed this time.