Note to subscribers for the amendments to
the rules governing the listing of securities (the "Listing Rules")
Update No. 119
April 2018
Dear Sirs,
Amendments to the Main Board Listing Rules
| We enclose reprinted pages of the Listing Rules and filing instructions. The reprinted pages incorporate amendments to implement the proposals of the "Consultation Conclusions Paper on a Listing Regime for Companies from Emerging and Innovative Sectors" published on 24 April 2018.
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We have amended the Listing Rules to:
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permit listings of Biotech Companies that do not meet any of the Main Board financial eligibility tests; |
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permit listings of companies with weighted voting right structures; and |
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establish a new concessionary secondary listing route for Greater China and international companies that wish to secondary list in Hong Kong. |
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| Coming into effect |
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| The amendments will come into effect on 30 April 2018. |
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Please click HERE to see the amendment to the Listing Rules. |
Yours faithfully,
For and on behalf of
The Stock Exchange of Hong Kong Limited
David Graham
Chief Regulatory Officer and Head of Listing