The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX)， (Wednesday) publishes the Guide  that brings together all relevant guidance materials into one location, to better support the work of New Listing1 applicants and their advisers as they prepare their Hong Kong listing journey.

The Exchange aims to assist applicants and their advisors to better understand the Exchange’s interpretation of certain Listing Rules and related requirements, as well as the Exchange’s expectations regarding the standards and quality of listing document disclosure, which are crucial to enable investors to make a properly informed assessment of an applicant.

The Guide consolidates all currently effective guidance letters and listing decisions related to New Listing, and presents the subject matter in a more user friendly format that is also easier to follow. There are no major changes to existing New Listing guidance. Going forward, the Exchange will issue new guidance by way of updating the Guide instead of publishing separate/ standalone guidance letters and listing decisions.

HKEX Head of Listing, Katherine Ng, said: “At HKEX, we are committed to continuously enhancing our Listing guidance materials to support continued development of our listing franchise. We believe that with this guide on hand, the market is better equipped to understand the Exchange's approach and interpretation of Listing Rules requirements, further facilitating the fundraising needs of tomorrow and strengthening the overall competitiveness of our markets.”

The Guide will come into effect on 1 January 2024, upon which the corresponding guidance letters and listing decisions will be archived.

Note 1: See Main Board Listing Rule 1.01/ GEM Listing Rule 1.01