The Return Of PEAK Sports Has Been "On The Point".

The possibility of sports returning to domestic A shares is further increased.

In May 31st, PEAK sports announced that the company's controlling shareholder, Ever Sound Development Limited, had informed the company that it had initially considered the proposal to arrange an agreement on PEAK sports's shares under the agreement arrangement.

If implemented, it will lead to privatization of PEAK sports and remove the cards from the HKEx.

Based on the above preliminary considerations, it is not yet guaranteed that the proposed protocol arrangement, privatization and delisting will be carried out.

In conjunction with the announcement of the PEAK sports released in May 23rd, "the change of the chief financial officer, the company secretary, the authorized representative and the agent of the legal process documents and notices in Hongkong", the industry speculated that, considering the low share price and narrow financing space, the return of PEAK Sports has been "in the firing line".

Statistics show that PEAK sports landed on the Hong Kong Stock Exchange in 2009, and has now been over six years.

In addition to PEAK sports, the mainland's most popular sports brands include

,

, 361 degrees, China trend, XTEP and noble birds. Among them, only the birds are listed on A shares.

The reason why such a local sports enterprise collectively goes to Hong Kong is due to the fact that the sports industry has not received such high attention and policy support today.

At the same time, the A share listing threshold is relatively high, for sports goods enterprises, the whole process cycle is relatively long, and there are many uncertainties.

At present, the total market value of PEAK sports is HK $4 billion 590 million (about 3 billion 860 million yuan). If we compare the valuation with the valuation, PEAK sports that return to A shares will reach nearly 20 billion yuan.

However, it is worth noting that although the return of PEAK sports in the industry seems to be able to raise the financing space, it is a good choice, but this does not mean that PEAK sports will return smoothly.

On the one hand, compared with the US listed companies, the privatization of Hong Kong stock listed companies is relatively difficult to withdraw.

On the other hand, in the past three years, 5 overseas listed red chip enterprises have been delisted, and they have gone back to the A share market through mergers and acquisitions.

The market has raised some doubts about this. It is considered that such enterprises have great particularity in their return to the A share market. The obvious price difference in domestic and foreign markets and the speculation of shell resources should be highly concerned.

The SFC noted that the market reflects these enterprises' in-depth analysis and Research on the possible impact of such enterprises through IPO, merger and reorganization, and returning to the A share market. Overseas enterprises' return to backdoor audit or tightness will cause some pressure on PEAK sports's "going home".