A listing of structured products pursuant to this Chapter must be supported by a listing document. Listing documents must contain all of the specific items of information which are set out in this Chapter and Part D of Appendix 1 and must, as an overriding principle, contain such particulars and information necessary to enable an investor to make an informed assessment of the assets and liabilities and financial position of the issuer and of the structured products. The Exchange may require the inclusion in the listing document of such additional or alternative items of information as it considers appropriate. Conversely, the Exchange may be prepared to permit the omission or modification of certain items of information if, in its absolute discretion, it considers it appropriate. Issuers who wish to omit any of the prescribed information should consult the Exchange at the earliest opportunity.
An issuer may use a "base listing document" containing the information required by this Chapter and Part D of Appendix 1 in relation to the issuer and the structured products and which the issuer considers will apply generally in respect of all structured products or in relation to a particular type of structured product in respect of which listing is sought on the Exchange during such period in which the base listing document is valid.
If an issuer uses a base listing document, it shall be supported by a "supplemental listing document" containing the information required by this Chapter and Part D of Appendix 1 and which the issuer considers is specific to the structured product in respect of which listing is sought.
The base listing document and the supplemental listing document must together contain all the information required by this Chapter and Part D of Appendix 1 in relation to the issuer and the structured products. The supplemental listing document must contain a declaration by the issuer that the information contained in the base listing document is up-to-date and is true and accurate as at the date of the supplemental listing document or include details of any changes to the information contained in the base listing document.
A base listing document shall be valid for a period of 12 months from the date on which it is published or (if earlier) until such date as the issuer submits its annual accounts to the Exchange in accordance with rule 15A.21 whereupon an issuer must file a further base listing document. A base listing document may not be amended without the prior approval of the Exchange. A base listing document may be amended to allow the inclusion of Interim Reports or quarterly reports.
If, at any time after the issue of the listing document (including any base listing document, stand alone listing document or supplemental listing document) and before the commencement of dealings in the structured products for which listing is sought, the issuer becomes aware that:-(1) there has been a significant change affecting any matter contained in the listing document; or(2) a significant new matter has arisen, the inclusion of information in respect of which would have been required to be included in such listing document if it had arisen before such listing document was issued,
the issuer (unless the Exchange agrees otherwise) shall, as soon as practicable, submit to the Exchange for its review a supplementary listing document giving details of the change or new matters. For this purpose "significant" means significant for the purpose of making an informed assessment of the matters mentioned in rule 15A.66.
No amendment to the final proof of the listing document (including any base listing document, stand alone listing document, supplemental listing document or supplementary listing document) shall be made without the prior consent of the Exchange.
A listing document (including any base listing document, stand alone listing document, supplemental listing document or supplementary listing document) shall not be issued until the Exchange has confirmed to the issuer that it has no comments thereon.
Every issuer is required to accept responsibility for the information contained in a listing document (including any base listing document, stand alone listing document, supplemental listing document or supplementary listing document) and, unless otherwise required by law, this statement may be given on a corporate basis.
A listing document may include illustrations of a pictorial or graphic nature provided that such illustrations are not misleading or likely to mislead in the form and context in which they are included.
Any base listing document in respect of structured product issues, stand alone listing document or supplemental listing document in respect of a specific structured product, that is a prospectus must be registered under the Companies (Winding Up and Miscellaneous Provisions) Ordinance. The procedures for registration are set out in Chapter 11A and rule 9.11(33). The requirement to notify the Exchange at least 14 days in advance of the date on which it is proposed to register a prospectus, set out in rule 11A.09, will not apply in the cases of supplemental listing documents.