GEM Expects First Listing in the Fourth Quarter
Corporate
14 Sep 1999
The Stock Exchange of Hong Kong will now accept applications from potential issuers seeking listing on the Growth Enterprise Market (GEM). It expects to have its first listing on GEM in the fourth quarter following the announcement of the GEM sponsor list today (Tuesday).
Potential issuers wishing to list on GEM must be sponsored and the sponsor must meet the Exchange's eligibility criteria. After listing, the issuer must retain the sponsor for two years to act as adviser to assist the issuer in compliance with the GEM Listing Rules.
The following 30 sponsors and co-sponsors have been approved by the GEM Listing Committee:
|
Name
|
Role
|
|---|
| 1. |
Asia Financial Capital Limited
|
Sponsor
|
| 2. |
BNP Prime Peregrine Capital Limited
|
Sponsor
|
| 3. |
BOCI Asia Limited
|
Sponsor
|
| 4. |
Celestial Capital Limited
|
Co-sponsor
|
| 5. |
China Everbright Capital Limited
|
Co-sponsor
|
| 6. |
Core Pacific-Yamaichi Capital Limited
|
Sponsor
|
| 7. |
Credit Suisse First Boston (Hong Kong) Limited
|
Sponsor
|
| 8. |
Dao Heng Securities Limited
|
Sponsor
|
| 9. |
DBS Asia Capital Limited
|
Sponsor
|
| 10. |
Goldman Sachs (Asia) L.L.C.
|
Sponsor
|
| 11. |
HSBC Investment Bank Asia Limited
|
Sponsor
|
| 12. |
ICEA Capital Limited
|
Sponsor
|
| 13. |
ING Barings Asia Limited
|
Sponsor
|
| 14. |
J. P. Morgan Securities Asia Private Limited
|
Sponsor
|
| 15. |
Jardine Fleming Securities Limited
|
Sponsor
|
| 16. |
Kleinwort Benson Limited
|
Sponsor
|
| 17. |
Lehman Brothers Asia Limited
|
Sponsor
|
| 18. |
Merrill Lynch Far East Limited
|
Sponsor
|
| 19. |
Morgan Stanley Dean Witter Asia Limited
|
Sponsor
|
| 20. |
Oriental Patron Asia Limited
|
Sponsor
|
| 21. |
Pacific Challenge Capital Limited
|
Sponsor
|
| 22. |
Platinum Securities Company Limited
|
Sponsor
|
| 23. |
Salomon Smith Barney Hong Kong Limited
|
Sponsor
|
| 24. |
Schroders Asia Limited
|
Sponsor
|
| 25. |
SG Securities (HK) Limited
|
Sponsor
|
| 26. |
Standard Chartered Bank
|
Sponsor
|
| 27. |
Tai Fook Capital Limited
|
Sponsor
|
| 28. |
Vickers Ballas Capital Limited
|
Sponsor
|
| 29. |
Warburg Dillon Read (Asia) Limited
|
Sponsor
|
| 30. |
Yuanta Securities (Hong Kong) Company Limited
|
Sponsor
|
Other sponsor applications are being considered by the GEM Listing Committee. The sponsor list will be revised from time to time.
Corporate Communications Department