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 2020 2020 Year-to-date
    26 182
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 2020)
1. Under processing:
a. New application accepted since 1 January 2020 108
b. Others 29
    SUB TOTAL: 137
2. Approval in principle granted
a. Approvals granted since 1 January 2020 20
b. Others 1
    TOTAL: 158
No. of New Listings
No. of New Listings
Not include transfer of listing from GEM to the Main Board.
Main Board
(since 1 January 2020)
1. Newly listed companies 112
2.
Transfer of listing from GEM to Main Board
5
TOTAL: 117
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 2020 2020 Year-to-date
23 115
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Includes any application (or renewal) not approved, returned, rejected or withdrawn within six months from date of application.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 2020)
1.  Lapsed  
  a. Approval in principle granted but not listed prior to application lapsed  36
  b. Others 108
2. Rejected 1
3. Withdrawn 5
4. Returned   0
 TOTAL: 150
5. Renewals 110
6. Returned cases resubmitted  0
TOTAL: 110
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 18 and the average number of days taken is 14.

Main Board & GEM
a. September 2020 16
b. Average number of days taken between the date of application and the date of issue of related first comment letter 14
Guidance Issued to Potential New Listing Applicants or Their Advisers on Matters Relating to the Listing Rules
Main Board & GEM
a. September 2020 14
b.
Average number of days taken between the date of request for guidance and the date of issue of written response

8

 

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