HKEx issues a Consultation Paper on Delisting and Other Rule Amendments
HKEx issues a Consultation Paper on Delisting and Other Rule Amendments
Introduction
On 22 September 2017, the Stock Exchange of Hong Kong Limited (the Exchange), a wholly owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), published a Consultation Paper on Delisting and Other Rule Amendments.
The consultation paper proposes improvements to the effectiveness of the delisting framework under the Main Board Listing Rules and the Rules for the Growth Enterprise Market (GEM Listing Rules), in order to address the issue of prolonged suspension of trading in issuers’ listed securities. Read more…