THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

In response to media enquiries about the requirements of Paragraph 2 of the Listing Agreement, Hong Kong Exchanges and Clearing Limited (HKEx) issued the following statement:

The Stock Exchange of Hong Kong (the Exchange), a wholly-owned subsidiary of HKEx, does not normally comment on individual companies.

In response to certain media enquiries about the requirements of Paragraph 2 of the Listing Agreement, the Exchange takes this opportunity to make some general comments about its rules in this area.

The rules requiring full disclosure to the market of all relevant information without delay are a fundamental protection for investors. They are designed to ensure that all users of the market have simultaneous access to timely and accurate information which is vital for the smooth operation of efficient, orderly competitive markets. It is incumbent upon any listed company to take all reasonable care to ensure that any statement or any other information it notifies through a regulatory channel is not misleading, false or deceptive and does not omit anything likely to affect the import of such statement or information.

In circumstances where it appears that such standards have not been met the Exchange will, as part of its normal practice, look into the matter and will consider any issues raised.