Friday February 28 2014
News Source: Global Exchanges
Focus: Listing Rules
Type: General
Country: Hong Kong
Link: http://www.hkex.com.hk/eng/newsconsul/hkexnews/2014/140228news.htm
The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has provided information on the new listing applications it has received since the Securities and Futures Commission’s (SFC) new regulation on sponsors became effective on 1 October 2013, to assist sponsors and other market participants in understanding its related rule changes and streamlined regulatory commenting process.
As of 31 January 2014, the Exchange had completed the Initial 3-day Check1 for 18 new listing applications2, of which 16 were Main Board applications and two were Growth Enterprise Market (GEM) applications.
The Exchange has accepted 14 applications for detailed vetting based on the Initial 3-day Check, and returned four applications which failed the Initial 3-day Check.
Click on the above link for further details.