Status Report on Delisting Proceedings and Suspensions

 

Main Board

GEM

Total

(a) Number of delisted companies (since 1 January 2022)

 

 

 

a. Withdrawal of listing pursuant to privatisation

11

1

12

b. Transfer of listing from GEM to Main Board

N/A

1

1

c. Cancellation of listing pursuant to delisting procedures under the Listing Rules

35

9

44

d. Voluntary withdrawal of listing

2

0

2

Total

48

11

59

(b) Number of companies in suspension for three months or more (as at 30 November 2022)

a. Suspended companies(1)

83 15 98

b. Delisting approved by the Listing Committee

9

2

11*

Total

92

17

109

(c) Number of listed companies (as at 30 November 2022)

2,240

342 2,582

 

(1)
The Exchange may cancel the listing of companies if trading in their securities has remained suspended for 18 continuous months under Main Board Rule 6.01A or 12 continuous months under GEM Rule 9.14A. Depending on the specific facts and circumstances of a suspended company, the Exchange may at any time publish a delisting notice stating its right to delist the company if it fails to resume trading within a shorter period specified in the notice.
* 7 Main Board companies and 2 GEM companies have applied to the Exchange to review the delisting decisions. The review procedures are in progress.

This report is updated on the last trading day of each month.