What's New

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 They speak as of their dates of issue; some information may have been superseded.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.

Rule Books

main board online rulebook	gem online rulebook
Main Board Listing Rules	GEM Listing Rules

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
06/05/2025	Updates on the guidance letter HKEX-GL77-14 to reflect changes made to the Guide for New Listing Applicants that are applicable to listed issuers and make consequential changes to the consolidated version of the Guidance Materials for Listed Issuers and Guide on preparation of annual report	Interpretation and Guidance > Guidance > Guidance Materials for Listed Issuers > 18. Other topics and Interpretation and Guidance > Guidance > Guidance Materials for Listed Issuers and Rules and Guidance > Interpretation and Guidance > Guidance > Guidance Materials for Listed Issuers > 10. Continuing obligations
06/05/2025	Updates of Guide for New Listing Applicants to include guidance on: • the confidential filing option for Biotech Companies and Specialist Technology Companies; • presuming Biotech Companies and Specialist Technology Companies to have satisfied the Innovative Company Requirements and the external validation requirement under MB Chapter 8A; and • regarding contractual requirements, the update of the Regulatory Assurance Requirement and the Regulatory Approval for Other Requirements for applicants that are subject to the CSRC Filing Rules.	Interpretation and Guidance > Guidance > Guide for New Listing Applicants
31/03/2025	Stock Exchange regrouped Enforcement Bulletins by topics	Listed Issuers > Current topics > Listing Regulation and Enforcement Newsletters
10/03/2025	Addition of the Stock Exchange of Thailand (SET) to the List of Recognised Stock Exchanges	Listing of Overseas Issuers > List of Recognised Stock Exchanges
24/01/2025	Publication of Consultation Conclusions on Proposals to Further Expand the Paperless Listing Regime and Other Rule Amendments	News > Market Consultations
31/12/2024	Publication of Frequently Asked Questions • FAQ 10 – No. 3A • FAQ 17.3 – No. 12	Rules and Guidance > Interpretation and Guidance > Guidance > Guidance Materials for Listed Issuers
31/12/2024	Updates of the frequently asked questions on the ESG Reporting Code to reflect the new climate-related disclosure requirements	Rules and Guidance > Interpretation and Guidance > Guidance > Guidance Materials for Listed Issuers
19/12/2024	Publication of Consultation Conclusions Paper on Review of Corporate Governance Code and Related Listing Rules	News > Market Consultations
19/12/2024	Publication of Consultation Paper on Proposals to Optimise IPO Price Discovery and Open Market Requirements	News > Market Consultations
10/12/2024	Publication of Report of Review of Issuers’ Annual Reports	Listed Issuers > Exchange's Reports > Review of Issuers' Annual Reports
10/12/2024	Publication of Guide on Preparation of Annual Report	Interpretation and Guidance > Guidance > Guidance Materials for Listed Issuers
26/11/2024	Publication of the Exchange’s Listing Regulation and Enforcement Newsletter	Listed Issuers > Current topics > Listing Regulation and Enforcement Newsletters
26/11/2024	Publication of new Guidance Letter • GL120-24	Guidance > Guidance Materials for Listed Issuers
26/11/2024	Updates of Guidance Letter • GL95-18	Guidance > Guidance Materials for Listed Issuers
25/11/2024	Publication of 2024 Analysis of ESG Practice Disclosure	ESG Academy > Publications and Training
22/11/2024	Publication of Consolidated and Updated Guidance Materials for Debt Securities Issuers	Listing Regulations > Debt Securities > Guidance Materials
16/11/2024	Updates of Residual Value Announcement Form and form filling guide for Structured Products Issuers	Rules and Guidance > Checklists, Forms and Templates > Structured Products Issuer
16/11/2024	Updates of Listing e-Forms and form filling guides for new applicants • For Main Board New Applicants: M119 / SE001 / M103 / M201 • For GEM New Applicants: G118 / SE001 / G103/ G201	Rules and Guidance > Checklists, Forms and Templates > New Applicants > Main Board New Applicants and Rules and Guidance > Checklists, Forms and Templates > New Applicants > GEM New Applicants
16/11/2024	Publication of revised e-Forms to increase the capacity for movement related entries under the monthly return • For Main Board Issuers: FF301 / FF302 • For GEM Issuers: FF301	Checklists, Forms and Templates > Equity Securities Issuers > Main Board Issuers and Checklists, Forms and Templates > Equity Securities Issuers > GEM Issuers
24/09/2024	Launch of E-Learning “Preparing ISSB sustainability disclosures”	ESG Academy > Publications and Training
20/09/2024	Amendments to the Listing Rules relating to severe weather trading • Amendments to Main Board Listing Rules • Amendments to GEM Listing Rules	Rules and Guidance > Listing Rules > Amendments to Main Board Listing Rules and Rules and Guidance > Listing Rules > Amendments to GEM Listing Rules
20/09/2024	Updates of Guides to reflect the Rule amendments relating to severe weather trading • Guide on trading arrangements for selected types of corporate actions • Guide on disclosure of record date, book closure and latest time for lodging transfers of shares • Guide on distribution of dividends and other entitlements • Guide on general meetings • Consolidated version of Guides on the Exchange’s Practices and Procedures for Handling Listing-related Matters	Listed Issuers > Guides on the Exchange's Practices and Procedures for Handling Listing-related Matters
20/09/2024	Updates of Guidance Materials for Listed Issuers • FAQ11.2 – No.29 (update to reflect the Rule amendments relating to severe weather trading) • FAQ11.2 – No.27 (update of rule reference) • GL104-19 (addition of new case) • LD62-1 (re-publication)	Interpretation and Guidance > Guidance > Guidance Materials for Listed Issuers

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Updated 06 May 2025