mobile search

Rules and Guidance

In addition to the Listing Rules, this section includes reference materials on: (i) Interpretation and Guidance; (ii) Forms; (iii) Other Resources; (iv) Disciplinary & Enforcement; and (v) e-Submission System.  These materials do not form part of the Rules, nor do they amend or vary any Rule requirements, or absolve issuers and/or their directors of any obligations to make their own judgment.  They speak as of their dates of issue; some information may have been superseded.  Contact the Listing Division with any queries.  The Division can be consulted on a confidential basis.

What's New

This section contains hyperlinks to materials published under “Listing - Rules and Guidance” in the last 6 months. 

Release Date (dd/mm/yyyy)

Particulars

Section

17/11/2017 Consultation Paper on Proposed Exemption for Aircraft Leasing Activities

Other Resources > Letters to Issuers 

03/11/2017 Consultation Papers on Review of the Corporate Governance Code and Related Listing Rules and Proposed Changes to Documentary Requirements relating to Listed Issuers and Other Minor Rule Amendments Other Resources > Letters to Issuers
13/10/2017 Whether Company A was no longer suitable for listing (LD114-2017) Interpretation and Guidance > Listing Decisions
13/10/2017 Whether the Exchange would impose additional requirements under Rule 2.04 on Company A’s proposed disposal of its original business (LD113-2017) Interpretation and Guidance > Listing Decisions
13/10/2017 Whether Company A would have sufficient operations or assets under Rule 13.24 after a proposed major disposal (LD112-2017) Interpretation and Guidance > Listing Decisions
13/10/2017 Whether the Exchange would exercise its power to deem Company B as a connected person of Company A under Main Board Listing Rule 14A.19 (LD111-2017) Interpretation and Guidance > Listing Decisions
13/10/2017 Letter to issuers on Analysis of Listed Issuers’ 2016 Corporate Governance Practices and Launches Third Director Training Webcasts Other Resources > Letters to Issuers
13/10/2017 Guidance on issues related to "controlling shareholder" and related Listing Rules implications (GL89-16) (Updated in October 2017) Interpretation and Guidance > Guidance Letters > Guidance Letters for New Applicants
03/10/2017 Director Training Webcast – Corporate Governance – Director and Company Secretary’s Roles (October 2017) Other Resources > Listed Issuers > Director Training Programme 2017
22/09/2017 Consultation Papers on Capital Raisings by Listed Issuers and Delisting and Other Rule Amendments
Other Resources > Letters to Issuers
11/08/2017 Guide on Producing Simplified Listing Documents Relating to Equity Securities for New Applications (GL86-16) (Updated in May, September 2016 and August 2017) Interpretation and Guidance > Guidance Letters > Guidance Letters for New Applicants
11/08/2017 Guidance on (i) disclosure requirements for substantially complete Application Proofs; and (ii) publication of Application Proofs and Post Hearing Information Packs on the Exchange's website (GL56-13) (Updated in September 2013, February, March, June and September 2014, August 2015, May and November 2016 and August 2017) Interpretation and Guidance > Guidance Letters > Guidance Letters for New Applicants
14/07/2017 Financial Statements Review Programme - Report 2016 Other Resources > Listed Issuers > Exchange's Review of Issuer's Annual Disclosure > Financial Statements Review
30/06/2017 Director Training Webcast – Risk Management and Internal Control, ESG Reporting (June 2017) Other Resources > Listed Issuers > Director Training Programme 2017
02/06/2017 Whether the Exchange would commence the procedures to cancel the listing of Company A whose shares had been suspended for a prolonged period due to insufficient public float (LD110-2017) Interpretation and Guidance > Listing Decisions
02/06/2017 Whether Company A would be required to aggregate the proposed acquisition with a previous acquisition, and whether these acquisitions would constitute a reverse takeover (LD109-2017) Interpretation and Guidance > Listing Decisions
02/06/2017 Whether Company A’s proposed acquisition of the Target constituted a reverse takeover or an extreme VSA (LD108-2017) Interpretation and Guidance > Listing Decisions
19/05/2017 To provide guidance on why the Exchange rejected certain listing applications (LD107-2017) Interpretation and Guidance > Listing Decisions
19/05/2017 To provide guidance on why the Exchange returned certain listing applications (LD106-2017) Interpretation and Guidance > Listing Decisions
28/04/2017 Whether Company A has a sufficient level of operations or assets to meet GEM Rule 17.26 (LD105-2017) Interpretation and Guidance > Listing Decisions


Loading