Technology Enterprises Channel (TECH)

In May 2025, the Securities and Futures Commission (the SFC) and the Exchange jointly announced the launch of a dedicated technology enterprises channel (TECH) to further facilitate New Listing applications from prospective Specialist Technology Companies (under Main Board Chapter 18C) and Biotech Companies (under Main Board Chapter 18A)¹.

Please refer to the press release for details.

TECH supports prospective Specialist Technology Companies and Biotech Companies in understanding applicable Listing Rules and preparing for their listing in Hong Kong before submitting formal New Listing applications through the following measures offered by the Exchange:

• Dedicating a specialised team with relevant experience in reviewing and providing guidance on Main Board Chapters 18C and 18A applications;

• Engaging with prospective companies to gain deeper knowledge of their specific businesses and facilitate their comprehension of Listing Rule requirements;

• Providing guidance on the eligibility and suitability for listing, such as the requirements for Core Products, the acceptance of other biotech products and/or clinical trials done under the regulation of different authorities, the qualifications and independence of Sophisticated Investors, acceptable sectors for Specialist Technology Industries, as well as factors for accepting new sectors/ industries outside the current scope; and

• Providing opportunities to discuss and seek the Exchange’s preliminary guidance on case-specific issues arising under the Listing Rules.
  
  

Current guidance on matters relating to eligibility and suitability for listing of Specialist Technology Companies and Biotech Companies can also be found HERE.

We encourage prospective Specialist Technology Companies and Biotech Companies to utilise TECH. Please initiate communication with the Listing Division under TECH with the below enquiry form and email address:

For other potential applicants with queries regarding the interpretation of the Listing Rules which are novel and specific, the potential applicant or its professional adviser may contact the Listing Division to seek guidance HERE.