Note to subscribers for the amendments to
the rules governing the listing of securities (the "Listing Rules")
Update No. 107
December 2012
Dear Sirs,
Listing Rule amendments consequential on the statutory backing of the obligation to disclose price sensitive information
We enclose reprinted pages of the Listing Rules and the filing instructions. The reprinted pages incorporate amendments to the Listing Rules set out in the Consultation Conclusions on Rule Changes Consequential On The Enactment Of The Securities And Futures (Amendment) Ordinance 2012 To Provide Statutory Backing To Listed Corporations’ Continuing Obligation To Disclose Inside Information published on 30 November 2012.
We have amended the Listing Rules to:
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minimise duplication and overlap with the Securities and Futures (Amendment) Ordinance 2012 which implements the statutory obligation to disclose inside information; |
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remove the existing continuing disclosure obligations which will become part of the statutory regime; |
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make changes consequential on the removal of these core provisions; and |
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introduce the concept of “trading halt”. |
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Coming into effect
The amendments will come into effect on 1 January 2013.
Please click HERE to see the amendments to the Main Board Listing Rules consequential on the statutory backing of the obligation to disclose price sensitive information.
Yours faithfully,
For and on behalf of
The Stock Exchange of Hong Kong Limited
Mark Dickens JP
Head of Listing