Kingsoft (3888.HK) yesterday at the Hong Kong main board listed on the first day rose 39 percent, closing at 5 Hong Kong dollars. "I am very satisfied with the performance of today's stock price!" Qiu Bojun chairman, said after the listing ceremony.
Qiu Bojun interviewed yesterday, was also said the company chose the overseas market, because most of the domestic high-tech companies now choose to go overseas listing, Jinshan as a world-class enterprises, but also hope that the international market.
As to why the Nasdaq has chosen Hong Kong to abandon the United States, he said, the company's product, known mainly based in Asia, the Hong Kong market, the company also had higher approval; In addition, the Hong Kong listed cost advantage over the United States more .
Listing ceremony yesterday, there was also an episode, a claim on behalf of the United States Mintel Intelligence technology companies who complained to the management of Jinshan Jinshan alleged infringement. Qiu Bojun said the matter is not clear, there is no positive response.
After the listing ceremony, the representative sent this reporter an e-mail, which provides lawyers in the United States prior to the listing Kingsoft letter issued to the Stock Exchange of Hong Kong, the letter said Kingsoft's Intelligent Classroom rely on core technology and products are the United States Mintel, the developer for the well-known computer scientist Dr. Yang Ningyuan. United States Mintel, and Dr. Yang Ningyuan never in any way to Beijing Kingsoft provide such technologies and products.
The letter also said that Beijing Kingsoft to provide the allegedly infringing products, the development of Beijing's Chaoyang Sensing controller Lin Yalin, etc., as well as Beijing Kaidi Education Technology Development Company, by the United States Mintel has a "breach of contract, theft of trade secrets, violation of copyright, false advertising, civil fraud and unfair competition "and other charges to the United States Court of Northern California filed a lawsuit and the court dismissed the Beijing Kaidi and Lin Yalin request for rescission of the proceedings, the case is pending.
Hong Kong Stock Exchange in this letter in reply, said that the letter has attracted the attention of the Stock Exchange listed sector, but the Stock Exchange generally not explained to the complainants how complaints were handled. However, the Jinshan complaint clearly does not affect the successful listing.
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