The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), today (Friday) published minor Rule amendments on Chapter 20 of the Main Board Listing Rules governing Collective Investment Schemes (CIS) that are authorised by the Securities and Futures Commission.

The Rule amendments:

• clarify the eligibility requirement of a listing agent who handles a listing application on behalf of a new CIS applicant;
   
• streamline the application procedures for a new CIS applicant; and
   
• clarify the procedures for the listing of additional interests in a close-ended CIS after listing.

The Rule amendments will apply to listing applications submitted to the Exchange on or after 10 November 2014 to give sufficient time for issuers and market practitioners to familiarise themselves with the changes.

The Rule amendments can be downloaded from the "Rules & Regulations – Rules and Guidance on Listing Matters –Amendments to Main Board Listing Rules" section of the HKEx website.

The Exchange has published the following guidance materials in relation to the Rule amendments: 

• a guidance letter on CIS HKEx-GL79-14; and
   
• a set of revised checklists and forms for CIS under Chapter 20.

Ends