Note to subscribers for the amendments to the rules governing the listing of securities on the GEM (the "GEM Listing Rules")
Update No. 74
November 2022
Amendments to the GEM Listing Rules
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| With effect on 1 January 2023, enhancements will be made to the existing cash market trading fee structure to 1) remove the trading tariff of $0.50 payable on each transaction; and 2) adjust the ad valorem fee on all trades from the current level of 0.005% to 0.00565%. Please refer to circular for details of the enhancements to the cash market trading fee structure. |
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In connection with the change in the ad valorem trading fee rate, we have amended the GEM Listing Rules so that it would explicitly refer to the trading fee rate as set out in the Rules of the Exchange.
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Coming into effect
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The amendments will take effect on 1 January 2023.
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| Please click HERE to see the amendments to the GEM Listing Rules. |
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