[Hong Kong stock companies accelerate the pace of "returning to A", and hard technology assets favor the "H+A" model] October 16th, since the second half of this year, the "returning to A" of Hong Kong stock companies has continued to heat up. Liqin Resources took the lead in "returning to A" on September 30, and Zhipu, MINIMAX, Yunyinggu Technology, Jingfeng Medical, Paradigm Intelligence, etc. are also advancing the "returning to A" in an orderly manner. Industry insiders believe that "returning to A" is a rational capital operation adopted by Hong Kong stock companies based on their own structure, technological innovation attributes, profit cycle and other factors. With the improvement of the regulatory coordination mechanism between the mainland and Hong Kong and the construction of a multi-level capital market, the space for high-quality Hong Kong stocks to "go north" will be further expanded, and it is expected to obtain fairer local valuations and RMB financing channels. (Shanghai Securities News)