18.37B

Past version: effective up to 30/12/2015
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A listed issuer will be regarded as a "Financial Conglomerate" for the purpose of rule 18.37A above only if:—

(1) any of the percentage ratios (as defined under rule 19.04(9)) of its financial business exceeds 5%. For the avoidance of doubt, the listed issuer must compare the total assets of its financial business to that of the group as at the end of the relevant period for the purpose of the assets ratio under rule 19.07. The listed issuer must compare the revenue and profits of its financial business during the period under review to that of the group for the purpose of the revenue ratio and profits ratio under rule 19.07; and
(2) as at the end of the relevant period its financial business has total assets of over HK$1,000 million or has customer deposits plus financial instruments held by the public of over HK$300 million.

Note: For the purpose of this rule, financial business includes, but not limited to, the business of securities trading; giving advice in connection with securities; commodities trading; leveraged foreign exchange trading; insurance activities; and money lending.