Entire Section

  • Qualifications for Listing

    • Basic Conditions

      • 8A.04

        A new applicant seeking a listing with a WVR structure must demonstrate to the Exchange that it is both eligible and suitable for listing with a WVR structure.

      • 8A.05

        The Exchange will consider applications for listing with a WVR structure from new applicants only.

        Note: The Exchange retains the discretion to reject an application for listing if it believes an issuer has acted intentionally to avoid rule 8A.05 or in a manner which has the effect of avoiding rule 8A.05.

    • Qualifications for Listing with a WVR Structure

      • 8A.06

        A new applicant seeking a listing with a WVR structure must satisfy one of the following:

        (1) a market capitalisation of at least HK$40,000,000,000 at the time of listing; or
        (2) a market capitalisation of at least HK$10,000,000,000 at the time of listing and revenue of at least HK$1,000,000,000 for the most recent audited financial year.