[Hong Kong stocks usher in a new round of spin-off and listing boom] On September 22, the Hong Kong Stock Exchange issued a "Consultation Document" on September 21 to solicit market opinions on a series of suggestions. Among them, this reform proposes to shorten the restriction period during which the parent company cannot submit an application for spin-off listing after listing from three years to one year. Just recently, Hong Kong stocks have ushered in a new round of spin-off and listing boom. Hisense Group, GenScript Biotechnology, Xinyi Glass, Fosun International and other companies have launched spin-off plans, and the operation paths include fund-raising IPOs, physical distribution, hybrid models and other forms. Many interviewed experts said that spin-off and listing are becoming a normal capital tool for companies to sort out their assets and release value. However, it is not a panacea. Companies need to carefully choose spin-off plans and balance capital operations and entity operations. (Securities Times)