GEM - Progress Report for New Listing Applications

Progress Report for New Listing Applications (Initial Public Offering Applications)

New Applications Accepted
New Applications Accepted
Includes application(s) by investment vehicle(s) pursuant to Chapters 20 and 21 of the Main Board Listing Rules, application(s) for transfer of listing from GEM to the Main Board, and deemed new applicant(s) pursuant to Main Board Listing Rule 8.21C or Main Board Listing Rule 14.84, and very substantial acquisition(s) treated as reverse takeover(s) pursuant to Main Board Listing Rule 14.06(6)/GEM Listing Rule 19.06(6).
Main Board

  May 2022 2022 Year-to-date
    12 94
Approvals in Principle Granted
Approvals in principle granted

Includes application(s) by investment vehicle(s) pursuant to Chapters 20 and 21 of the Main Board Listing Rules, application(s) for transfer of listing from GEM to the Main Board, and deemed new applicant(s) pursuant to Main Board Listing Rule 8.21C or Main Board Listing Rule 14.84, and very substantial acquisition(s) treated as reverse takeover(s) pursuant to Main Board Listing Rule 14.06(6)/GEM Listing Rule 19.06(6).

Main Board
May 2022 2022 Year-to-date
12 45
Active Applications
Active applications

Includes application(s) by investment vehicle(s) pursuant to Chapters 20 and 21 of the Main Board Listing Rules, application(s) for transfer of listing from GEM to the Main Board, and deemed new applicant(s) pursuant to Main Board Listing Rule 8.21C or Main Board Listing Rule 14.84, and very substantial acquisition(s) treated as reverse takeover(s) pursuant to Main Board Listing Rule 14.06(6)/GEM Listing Rule 19.06(6).

Main Board
(as at 31 May 2022)
1. Under processing:
a. New application accepted since 1 January 2022 78
b. Others 57
    SUB TOTAL: 135
2. Approval in principle granted
a. Approvals granted since 1 January 2022 24
b. Others 11
    TOTAL: 170
Inactive Applications
Inactive applications

Includes any application (or renewal) not approved, returned, rejected or withdrawn within six months from date of application.

Main Board
(since 1 January 2022)
1.  Lapsed  
  a. Approval in principle granted but not listed prior to application lapsed  16
  b. Others 94
2. Rejected 0
3. Withdrawn 2
4. Returned   0
 TOTAL:112
5. Renewals 72
6. Returned cases resubmitted  0
TOTAL:72
No. of New Listings
No. of New Listings
Not include transfer of listing from GEM to the Main Board.
Main Board
(since 1 January 2022)
1. Newly listed companies 29
2.
Transfer of listing from GEM to Main Board
1
TOTAL:30
First Comment Letters Issued
First Comment Letters Issued

First comment letters are the first letters issued by Listing Department staff that contain the comments on the respective listing applications. It only covers the first comment letters issued this month. For reports issued from January 2011 onwards, non-business days have been subtracted from “the average number of days taken”. The figures exclude cases for a transfer of listing from GEM to the Main Board.

Main Board & GEM
a. May 2022 20
b. Average number of days taken between the date of application and the date of issue of related first comment letter 16
Guidance Issued to Potential New Listing Applicants or Their Advisers on Matters Relating to the Listing Rules
Main Board & GEM
a. May 2022 6
b.
Average number of days taken between the date of request for guidance and the date of issue of written response

14

 

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