Overview of Australian listings
 
There are four stock exchanges in Australia, namely the Australian Stock Exchange, the Australian National Exchange, the Australian Green Financial Exchange and the Australia Asia Pacific Stock Exchange. The Australian Stock Exchange is Australia's main stock exchange, equivalent to the domestic main board market, and the other three exchanges are equivalent to the second board market.
 
 
Australian Exchange Listing Conditions
1. Number of shareholders: At least 500 investors (after public offering), or at least 400 investors, 25% of which are held by non-related parties;
2. Profit requirement: The net profit of the past three years is not less than 100 Australian dollars (about 6.6 million yuan) + the net profit of the past 12 months is not less than 400,000 Australian dollars; or the net worth of tangible assets of 2 million Australian dollars; or 10 million The market value of the Australian dollar.
 
 
The benefits of Chinese companies listing in Australia
1. Australia does not have a notorious short-selling institution like the American Water Company, and Chinese companies will not encounter a short-selling crisis;
2. The short-term listing period is short. Under normal circumstances, it takes only 6-8 months for the enterprise IPO to be successful from startup to listing.
3. The financing costs and maintenance costs of listing are significantly lower than those of domestic and US, Singapore and other overseas capital markets;
4. The main board listing threshold is significantly lower than that of the domestic market. There is no domestic queue for auditing.
5. Enhance the international reputation and market image of the listed company, which is conducive to the company to explore the international market and use the Australian capital market to conduct overseas asset/equity mergers and acquisitions.
 
 
Which companies are suitable for listing on the Australian exchange
 
 Mining companies are the most sought after, and other companies can be accepted if they meet the requirements.
 
What is the maintenance fee after listing on the Australian exchange?
 
Maintenance costs are lower than domestic and overseas capital markets. If the total market value is less than 10 million Australian dollars, the annual maintenance cost is not higher than 20,000 Australian dollars; if the total market value is less than 50 million Australian dollars, the annual maintenance cost is not higher than 28,000 Australian dollars; if the total market value is less than 100 million Australian dollars, the annual maintenance cost is not higher than If the market value is less than 200 million Australian dollars, the annual maintenance cost is not more than 40,000 Australian dollars, and the total market value is less than 500 million Australian dollars, the annual maintenance cost is not higher than 48,000 Australian dollars. (The above is based on the Australian Stock Exchange 10 years data for reference)
 
What is the price-earnings ratio of the Australian exchange?
 
The Australian exchange is the sixth largest securities market in the world, with a price-to-earnings ratio typically between 10 and 25 times.