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

  November 2019 2019 Year-to-date
    9 246
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
November 2019 2019 Year-to-date
20 161
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 29 November 2019)
1. Under processing:
a. New application accepted since 1 January 2019 129
b. Others 4
    SUB TOTAL: 133
2. Approval in principle granted
a. Approvals granted since 1 January 2019 27
b. Others 0
    TOTAL: 160
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Includes any application (or renewal) not approved, returned, rejected or withdrawn within six months from date of application.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  56
  b. Others 165
2. Rejected 18
3. Withdrawn 11
4. Returned   1
 TOTAL: 251
5. Renewals 159
6. Returned cases resubmitted  0
TOTAL: 159
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 144
2.
Transfer of listing from GEM to Main Board
13
TOTAL: 157
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 20 and the average number of days taken is 14.

Main Board & GEM
a. November 2019 15
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. November 2019 5
b.
Average number of days taken between the date of request for guidance and the date of issue of written response

9

 

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