Hong Kong Capital Markets Update – Issue 3, June 2018

Hong Kong Capital Markets Update – Issue 3, June 2018

An overview of the HKEX’s consultation conclusions on capital raisings by listed issuers

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On 4 May 2018, the Hong Kong Stock Exchange (the Exchange) published the Consultation Conclusions on Capital Raisings by Listed Issuers.

This Hong Kong Capital Markets Update provides an overview of the Consultation Conclusions as well as a summary of the key amendments to the Listing Rules.

The changes sought to address market concerns revolving certain problematic share issuance practices, including deeply discounted fundraisings as well as share consolidations and subdivisions. The revised listing regime will come into effect on 3 July 2018. 

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