Positive cashflow from operating activities of at least HK$100 million in aggregate for the three preceding financial years Note: The Exchange may accept a shorter trading record period and/or may vary or waive the above profit or other financial standards requirement. For further details, please...
financial year Cashflow - - Positive cashflow from operating activities of at least HK$100 million in aggregate for the three preceding financial years Note: The Exchange may accept a shorter trading record period and/or may vary or waive the above profit or other financial standards requirement...
No requirement for a GEM applicant that can meet the Main Board admission requirements to list on the Main Board instead of GEM Proposed transitional arrangements during transitional period The table below shows a summary of the transitional arrangements during the three year transitional pe...
Any change to those positions/nature of shares interest must be notified within three days of the event triggering the disclosure requirement. Companies need to maintain registers documenting this information and to report the location of these to the registers. The Hong Kong Companies Ordinance dictat...
Aligning requirements on compliance advisers under Chapter 19A (for PRC issuers) with those in Chapter 3A (for all issuers). In particular, the requirement for issuers to provide access to their compliance advisers and the compliance advisers to inform the issuers of any change...
Invest ment bank rep utation and relaxed listing requirement s : evidence f rom inf rast ruc2 t ure firm IPOs in Hong Kong[J ] . 2001 , 9 (2) :101 - 117.Dewenter, K L and Field, L C. Investment bank reputation and relaxed listing requirements:evidence from infrastructure firm IPOs...
Hong Kong’s listing regime for SPAC is more stringent than that of other jurisdictions, where publication of listing documents is required for both the listing of SPAC and the completion of De-SPAC Transaction. Therefore, the SPAC regime in Hon...
CANOT apply the minimum cash flow requirement (GEM Listing Rule, Article 11.12A(1)) During the business record period, most of the applicants' income came from unconditional subsidies from local governments, but these subsidies were not directly related to the main business. The Hong Kong Stock ...
惟监管机构须确信公司董事会及高级管理人员整体而言拥有五年以 上与该矿业公司进行的勘探及/或开采活动相关的充足经验 Special listing requirements •A shorter trading record period is accepted and/or the profit or other financial standards requirement may be varied or waived for "infrastru...
The proposals stipulate that there need to be at least 75 professional investors in a SPAC listing, 40% of which must be institutional investors. The exchange should further explain how this quantitative requirement is justified, the FSDC said. The rules also would require a merged entit...