Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Listing Rule Amendments

Date 04/07/2007

The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announced today (Wednesday) amendments to the Main Board Listing Rules and the Growth Enterprise Market Listing Rules (together, the Listing Rules).

The Exchange has amended the Listing Rules to:

  • allow the issuer to pay the IPO brokerage to Exchange Participants' bank accounts via electronic transfer; and

  • codify the current practice of payment of brokerage by the issuer to Exchange Participants for eIPO applications.

    An electronic copy of the Rule amendments is available for viewing on the HKEx website under the Regulatory Framework and Rules section and they will become effective on 9 July 2007.  A hard copy of the Rule amendments will be distributed at a later date.