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

  September 2019 2019 Year-to-date
    23 216
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 30 September 2019)
1. Under processing:
a. New application accepted since 1 January 2019 139
b. Others 14
    SUB TOTAL: 153
2. Approval in principle granted
a. Approvals granted since 1 January 2019 32
b. Others 0
    TOTAL: 185
No. of New Listings
No. of New Listings
Not include transfer of listing from GEM to the Main Board.
Main Board
(since 1 January 2019)
1. Newly listed companies 101
2.
Transfer of listing from GEM to Main Board
10
TOTAL: 111
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
September 2019 2019 Year-to-date
25 119
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Includes any application (or renewal) not approved, returned, rejected or withdrawn within six months from date of application.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 2019)
1.  Lapsed  
  a. Approval in principle granted but not listed prior to application lapsed  44
  b. Others 132
2. Rejected 17
3. Withdrawn 9
4. Returned   1
 TOTAL: 203
5. Renewals 120
6. Returned cases resubmitted  0
TOTAL: 120
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.  If included, the number of first comment letters issued is 24 and the average number of days taken is 13.

Main Board & GEM
a. September 2019 21
b. Average number of days taken between the date of application and the date of issue of related first comment letter 13
Guidance Issued to Potential New Listing Applicants or Their Advisers on Matters Relating to the Listing Rules
Main Board & GEM
a. September 2019 9
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.