Stock Exchange introduces 
HKEx share information board

The Stock Exchange of Hong Kong will introduce on Monday (March 13) an information board on its website for shares in Hong Kong Exchanges and Clearing Limited (HKEx). HKEx is the holding company of the stock and futures exchanges and their clearing houses. Following the demutualisation of the two exchanges and their merger into HKEx, members were allocated shares in HKEx.

In the Scheme Document of the Stock Exchange issued in September 1999, it was proposed by HKEx to explore the feasibility of establishing a mechanism for matching, during the period following the merger effective date and prior to the HKEx shares being listed, potential purchasers of HKEx shares with potential sellers.

A spokesman for the Stock Exchange said the information board was a service provided by the Exchange to Exchange Participants to display their buying and selling interest in HKEx shares.

"The information board is not a trading facility and the Exchange trading rules will not apply to HKEx shares until they become listed on the Exchange," the spokesman said. "The Exchange will play no role or be liable for negotiations or completion of transactions in HKEx shares, even though they may have been initiated through the information board.

"The Exchange will display only the information provided by Exchange Participants and will not guarantee its accuracy. It will not be liable for any loss arising from the use of the information, or for any inaccuracy or omission in the information," the spokesman said.

The HKEx share information board will be located at the Services section of the Exchange web site, http://www.sehk.com.hk.

Corporate Communications