Main Board - 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

   October 2023 2023 Year-to-date
    7 118
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 October 2023)
1. Under processing:
a. New application accepted since 1 January 2023 69
b. Others 12
    SUB TOTAL: 81
2. Approval in principle granted
a. Approvals granted since 1 January 2023 23
b. Others 1
    TOTAL: 105
No. of New Listings
No. of New Listings
Not include (i) applications by investment vehicle(s) (including Exchange Traded Funds (ETFs) and Real Estate Investment Trust (REITs)) and investment companies pursuant to Chapters 20 and 21 of the Main Board Listing Rules and (ii) application(s) for transfer of listing from GEM to the Main Board.
Main Board
(since 1 January 2023)
1. Newly listed companies 49
2.
Investment vehicle(s) listed pursuant to Chapters 20 and 21 of the Main Board Listing Rules
12
3. Transfer of listing from GEM to Main Board 3
TOTAL: 64
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
October 2023 2023 Year-to-date
12 73
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 2023)
1.  Lapsed  
  a. Approval in principle granted but not listed prior to application lapsed  37
  b. Others 82
2. Rejected 0
3. Withdrawn 1
4. Returned  
 
 1
 TOTAL: 121
5. Renewals
 
 82
6. Returned cases resubmitted 
 
 0
TOTAL: 82
First Comment Letters Issued
First Comment Letters Issued
Comment letters are issued by Listing Department staff that contain comments on the respective listing applications. It only cover the comment letters issued this month. “Average number of days taken” refers to the average number of days taken between the acceptance date of application/submission from applicant and the date of issue of related comment letter, and non-business days have been subtracted therefrom.
Main Board & GEM
a. October 2023 4
b. Average number of days taken for issuing first comment letter 11
All Comment Letters Issued
All Comment Letters Issued
Comment letters are issued by Listing Department staff that contain comments on the respective listing applications. It only cover the comment letters issued this month. “Average number of days taken” refers to the average number of days taken between the acceptance date of application/submission from applicant and the date of issue of related comment letter, and non-business days have been subtracted therefrom.
Main Board & GEM
a. October 2023 38
b. Average number of days taken for issuing comment letter 14
Guidance Issued to Potential New Listing Applicants or Their Advisers on Matters Relating to the Listing Rules
Main Board & GEM
a. October 2023 7
b.
Average number of days taken between the date of request for guidance and the date of issue of written response

10

 

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