Report on Initial Public Offering Applications, Delisting Proceedings and Suspensions (As at 31 May 2007)

Market Operations

31 May 2007

Report on Initial Public Offering Applications, Delisting Proceedings and Suspensions
(As at 31 May 2007)

	Main Board	GEM	Total
New Applications Accepted ⁽¹⁾ a. May 2007	9	2	11
b. 2007 Year-to-date	51	2	53
Approvals in principle granted by the Listing Committee a. May 2007	14	0	14
b. 2007 Year-to-date	41	0	41
Active applications ⁽¹⁾ (as at 31 May 2007) 1. Under processing (based on listing application form accepted):
a. New applications accepted since 1 January 2007	29	2	31
b. Others	5 __________	0 __________	5 ________
c. Sub-total	34	2	36
2. Approval in principle granted by the Listing Committee but not yet listed
a. Approvals granted since 1 January 2007	14	0	14
b. Others	0	0	0
Total	48	2	50

	Main Board	GEM	Total
Inactive applications (since 1 January 2007) 1. Lapsed⁽²⁾
a. Approval in principle granted by the Listing Committee but not yet listed	7	0	7
b. Others	9	1	10
2. Rejected	0	0	0
3. Withdrawn	1 __________	0 __________	1 ________
Sub-total	17	1	18
4. Renewals⁽³⁾	(12)	(0)	(12)
Total	5	1	6
No. of newly listed companies (since 1 January 2007)	24⁽⁴⁾	0	24

⁽¹⁾	Includes application(s) for migration from GEM to the Main Board, deemed new applicant(s) under Listing Rule 8.21C and application(s) by investment vehicle(s) under Chapter 20 of the Listing Rules.
⁽²⁾	Includes any application (or renewal) not approved, rejected or withdrawn within six months.
⁽³⁾	Includes all applications accepted within three months following a lapsed, rejected or withdrawn application by the same applicant.
⁽⁴⁾	Includes one company that withdrew its listing on GEM and subsequently listed on the Main Board but excludes eight investment vehicles listed under Chapter 20 of the Listing Rules.

Other Information
(As at 31 May 2007)

			Main Board	GEM	Total
(a)		Number of delisted companies (since 1 January 2007)	5*	3^#	8
(b)	i)	Number of Main Board companies at the third stage of delisting (as at 31 May 2007)	8	N/A	8
	ii)	Number of GEM companies that has been served a notice of intention of cancellation of listing (as at 31 May 2007)	N/A	5	5
(c)		Number of companies in suspension for three months or more (as at 31 May 2007)	36	18	54
(d)		Number of listed companies (as at 31 May 2007)	994	195	1,189

*	Including two companies that withdrew their listings pursuant to a privatisation and two companies that withdrew their listings pursuant to a compulsory acquisition and one company that voluntarily withdrew its listing.
#	Including a company that withdrew its listing on GEM and subsequently listed on the Main Board.

This report is updated on the last trading day of each month.

Updated 31 May 2007