Discussing the prospects of Suwei Fu B to H based on previous three B-to-H stock conversions

Currently, Suwei Fu B is undergoing the H-shares transfer process. By examining three previous stocks that transitioned from B-shares to H-shares, we can analyze its investment prospects.

1. Huaxin B to H
   The most recent B-to-H transfer was Huaxin B to H. It was initiated in August 2021, approved by the China Securities Regulatory Commission in December of the same year, approved by the Hong Kong Stock Exchange in February 2022, and delisted in March 2022. Afterwards, a cash option was implemented, and it was listed on the Hong Kong Stock Exchange in April 2022. The process took 219 days. During this period, the stock price remained below the cash option of 1.945 yuan. On the listing day, the Hong Kong stock closing price was 13.80 HKD, which, at the exchange rate at that time, is equivalent to 1.75 USD. This price was lower than most of the prices after the initiation. If the cash option was not exercised, it would have resulted in a loss.

2. Vanke B to H
   Vanke B initiated the B-to-H transfer process in February 2013. It was approved by the China Securities Regulatory Commission in March 2014, approved by the Hong Kong Stock Exchange in May 2014, and delisted in June 2014. Afterwards, a cash option was implemented, and it was listed on the Hong Kong Stock Exchange in April 2014. The process lasted 499 days. During this period, the stock price was around the cash option of 12.39 yuan (earlier plan at 13.13 yuan). On the listing day, the Hong Kong stock closing price was 15.36 HKD, higher than the cash option.

3. Lizhu B to H
   Lizhu B to H and Vanke B to H started simultaneously, but Lizhu moved faster. It was approved by the China Securities Regulatory Commission in September of that year, approved by the Hong Kong Stock Exchange in December, and listed on the Hong Kong Stock Exchange in January 2014. The process took 331 days. On the listing day, the Hong Kong stock closing price was 51 HKD. This price was very good, not only higher than the cash option of 29.09 HKD but also higher than most B-share prices.

4. The situation of Suwei Fu B
   Suwei Fu B started the H-shares transfer last July. It has been over 200 days now. Based on previous projects, it might be nearing completion. Since the initiation, the stock price has remained above 12.68 yuan for the cash option. From the trend, it resembles Lizhu B to H, but considering Huaxin B in 2022, I still feel uncertain. After all, the Hong Kong market is currently unfamiliar territory, and Suwei Fu B’s products are mostly used in fuel-powered vehicles, which lack growth potential. I have been holding a watch position and plan to buy more if opportunities near the cash option price arise.