The Hong Kong Stock Exchange's Consultation: Conclusions on the Main Board Profit Requirement
By EsqSocial Corporation 22/06/21
On 20 May 2021, The Stock Exchange of Hong Kong Limited (the Exchange) published conclusions (Consultation Conclusions) to its consultation paper on 27 November 2020 (the Consultation Paper). The Consultation Paper relates to the proposal to substantially increase the profit requirement for listing on the Exchange’s Main Board under the Exchange’s Main Board’s profit test, one of the three financial tests for establishing eligibility to list on the Exchange’s Main Board (Main Board). The other...
By: K&L Gates LLP