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HKSE targets backdoor listing

To address concerns over circumvention of the new listing requirements and “shell creation activities”, the Stock Exchange of Hong Kong Limited (the “HKSE”) published a consultation paper on 29 June 2018 to seek market views on proposed changes to the Listing Rules in relation to (i) backdoor listing; (ii) continuing listing criteria; and (iii) other Rule amendments (the “Consultation Paper”).

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HKSE targets backdoor listing

To address concerns over circumvention of the new listing requirements and “shell creation activities”, the Stock Exchange of Hong Kong Limited (the “HKSE”) published a consultation paper on 29 June 2018 to seek market views on proposed changes to the Listing Rules in relation to (i) backdoor listing; (ii) continuing listing criteria; and (iii) other Rule amendments (the “Consultation Paper”).

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