ByMatthewHarrison,ResearchCorporateDevelopment,.pptVIP

By : Matthew Harrison, Research Corporate Development, HKEX Bonnie Chan, Listing, HKEx AGENDA Page Nature of DRs 3 2. Global DR landscape 7 Why HDRs? 14 HDR framework 16 HDR operations 25 Appendix Further details on HDR operations Issuer: – Includes a company whose shares are represented by HDRs that are listed or are the subject of an application for listing but not including the depositary (Chapter 1) – HDR issuer does not have to be already listed overseas. – Issuer cannot list shares and HDRs on the Exchange at the same time (Rule 19B.06). – Must appoint approved share r