香港创业板上市条件及时间安排 (英).pdfVIP

GEM Listing Requirements GEM Listing Requirements 2 GEM Listing Requirements General listing requirements GEM Types of securities Equity (shares only) and debt securities only (including options, warrants and convertible securities). Debt securities The listing of debt securities is permitted only if: • the issuers equity securities are listed or will be simultaneously listed on GEM; or • the equity securities of the parent of the debt issuer are or will be simultaneously listed on GEM. Theme of the market A second board and a stepping stone towards the Main Board. Dual listing Allows dual listings, but not secondary listings. Place of incorporation HKEx will accept applicants incorporated in the following jurisdictions, Hong Kong, the PRC (‘H’ shares only), the Cayman Islands, Bermuda, Singapore, England and Wales, Germany, Australia, Luxemburg, Cypress, Jersey and in British Columbia and in Ontario, Canada. The GEM Rules provide the general framework applicable to all overseas companies seeking a listing on the HKEx and set out the shareholder protection standards that are expected of an overseas company when seeking a primary listing on the HKEx. Applicants incorporated in other recognised jurisdictions seeking a primary listing on GEM are assessed on a case-by-case basis and have to demonstrate they are subject to appropriate standards of shareholder protection, which are at least equivalent to those required under Hong Kong law. A roadmap that comprises a schedule of shareholder protection