2. The company and its main promoters abide by relevant national laws and policies, and have no major violations of laws and regulations in the last two years;
3. Meet the requirements stipulated in the Listing Rules of Hong Kong Growth Enterprise Market (see below for details).
4. The listing sponsor thinks that the company has the feasibility of listing and assumes the sponsorship responsibility according to the regulations;
5. High-tech enterprises recognized by the Ministry of Science and Technology shall be given priority for examination and approval.
1. Appoint sponsors and other professional consultants.
1. Appointing an experienced professional consultant team is the key to the successful listing of new shares. Professional consultants generally include sponsors and underwriters, foreign and local lawyers and accountants. The listing applicant shall appoint a sponsor at least two months before submitting the listing application, and notify the Hong Kong Stock Exchange in writing within five working days after the appointment.
2. The company must consult the professional consultant team to discuss whether the company is suitable for listing, the time and cost required for listing, and the problems, challenges and continuous responsibilities it will face after listing.
Second, prepare the listing process.
Professional consultants conduct due diligence on the company and assist in the preparation of the prospectus (the draft prospectus at this stage is also called "application version"). The prospectus must contain all necessary information so that investors can make wise investment decisions.
3. Submit the listing application to the listing department.
Submit the listing application ("A 1", including the application version) to the listing department. If the information of A 1 is basically complete, the listing department will confirm the receipt and post the application version in Chinese and English on the website.
Fourth, the listing department will review the application.
1. The listing department will then conduct a detailed review of A 1 to assess whether the company meets the listing qualification, suitability for listing, business sustainability, compliance with regulations and full disclosure.
2. The first round of comments will be issued within ten working days after receiving the application. There is no preset timetable for the listing time, mainly depending on the time and quality of the company's reply.
5. The listing committee listens to the examination of the new listing application by the listing committee to determine whether the applicant is suitable for initial public offering.
Extension period of intransitive verbs
Underwriters usually help companies prepare promotional activities, including investor education and roadshows for new shares.
7. Listing on the Hong Kong Stock Exchange
After successfully pricing and issuing shares to institutional investors and retail investors, the company will be listed and traded on the Hong Kong Stock Exchange.