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| We have amended the Main Board Listing Rules to implement the proposals of the "Consultation Conclusions Paper on Listing Regime for Overseas Issuers" published on 19 November 2021. |
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| The amendments to the Main Board Listing Rules are to enhance and streamline the listing regime for overseas issuers1. The key changes include: |
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introducing one common set of core shareholder protection standards that will apply to all issuers to provide the same level of protection to all investors;
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allowing eligible issuers to dual-primary list directly while keeping their existing non-compliant weighted voting rights (WVR) and/or variable interest entity structures;
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expanding the secondary listing regime for overseas issuers to allow admission of those with a centre of gravity in Greater China without WVR structures that operate in traditional industries; and |
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codifying some conditional common waivers for dual-primary listings and secondary listings.
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Coming into effect
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The amendments will take effect from 1 January 2022.
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Please click HERE to see the amendments to the Main Board Listing Rules.
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| Note: |
| 1. Issuers incorporated or otherwise established outside Hong Kong and the People’s Republic of China. |