Hong Kong Capital Markets Update – Issue 7, October 2019
Hong Kong Capital Markets Update – Issue 7, October...
The Hong Kong Stock Exchange announces enhanced guidelines for overseas companies seeking to list in Hong Kong
On 29 October 2019, the Stock Exchange of Hong Kong Limited (the Exchange) published certain materials to facilitate applications from overseas companies under the current listing regime.
Alternative procedures are available for companies with an offering of a security that is subject to Regulation S of the US Securities Act. The Exchange also released a standardised template for first movers from jurisdictions new to listing in Hong Kong. Other enhancements include simplified information relating to the Central Clearing and Settlement System (CCASS) as well as the provision of frequently asked questions and revised CCASS admission forms on the Exchange’s website.