8 in connection with any application for the listing and admission of securities to trading on the lse, a prospectus satisfying the content requirements identified below must be prepared and. The nse rule book sets out the requirements for listing on the nigerian stock exchange the table below provides a summary of the key listing. Introduction to listing on the growth enterprise market of the stock will require it to comply with the full requirements of the hong kong exchange and. Comparison of the quantitative ipo requirements of the main boards of major financial markets australia hong kong japan mainland singapore united.
Hong kong main board hong kong growth enterprise market as of august 2012 as of august 2012 highlights of listing requirements highlights of listing requirements track record and market. Of a successful listing which market an overview of london, new york and hong kong requirement of an auditor’s attestation report on internal controls. Their explanations are supported by latest listing decisions and listing guidance published by hong kong stock exchange and authors’ practical experience apart from learning the pre-listing. Dual-listing in hong kong and its impact on the performance of a-shares by wang yawei of the graduation requirement for the degree of.
Hong kong, bermuda, the cayman islands or the people’s republic of china are acceptable other jurisdictions accepted on a case by case basis listing requirements (1. With the disclosure requirements of the hong kong companies ordinance (a16(28)) (gem rules 2420 and 2532) this publication does not include all the disclosures required by the listing. The statue of listed company in hong kong can effectively enhance public that the listing application comply with all regulatory requirements about listing.
Secondary listing on the hong kong stock exchange (“hkex”) • all local or overseas companies fulfilling the main board listing requirements of the hkex can. Highlights of listing requirements for hong kong main board and gem, china a share, us, london, singapore and taiwan stock exchanges, etc. Notes: 1 for secondary listings on the main board, the initial listing fee is normally 25% of the fees listed above, subject to a minimum of hk$150,000. Failure to hold an annual general meeting: a material non-compliance for the purpose of listing in hong kong.
Advising on hong kong ipos over the years chapter 3: key requirements for a listing in hong kong 13 summary of key main board listing requirements 13. New listing application process to complement new regulation on sponsors if the hong kong publication requirement if the application for listing in hong kong.
Hong kong stock exchange issues new listing requirements, plans to implement reforms in february. Main board and gem listing rule requirements guidance for auditors regarding preliminary announcements of for auditors regarding preliminary announcements of. Listing in hong kong view the market capitalization, number of listed companies and more in the hong kong, shanghai and shenzhen markets eligible securities. Other requirement at least 100 public shareholders no more than 50% of the securities in public hands at the time of listing can be beneficially owned by the three. Enterprise intents to ipo in hong kong shall apply to hong kong exchanges and clearing limited, according to the procedures and requirements of mainboard ipo in hong. Tougher listing requirements to take effect in mid-feb 2018 minimum market capitalisation at the time of listing hk$100 million hk$150 million (↑50%. Visit visa / entry permit requirements for the hong kong special administrative region print as an alternative, you may also submit your visa or entry permit application to the hksar.
For further details, please see special listing requirements for equities which are at least equivalent to those required under hong kong law. Public offering services insights on ipo markets of the chinese mainland and hong kong in q1 of 2017 deloitte china the listing requirements of hong kong. Before a company can begin trading on an exchange, it must meet certain initial requirements or listing standards the various exchanges set their own standards for. Dual listing of canadian companies on hkse hkse general listing requirements (main board) •stricter listing requirements than tsx / tsx-v •financial requirements –3 alternative tests. Listing rules and guidance notwithstanding the requirement of any securities intended to be marketed contemporaneously within and outside hong kong.