Hong Kong Capital Markets Update – Issue 10, August 2018
Hong Kong Capital Markets Update – Issue 10, Aug 2018
SEHK publishes conclusions of consultations on proposed exemption for aircraft leasing activities
On 17 August 2018, the Stock Exchange of Hong Kong Limited (the Exchange) published the conclusions of its consultation on exempting aircraft leasing activities from its notifiable transaction rules. The amendments will take effect from 15 October 2018.
Key amendments:
- The Exchange will amend the Listing Rules to exempt qualified aircraft leasing activities, which include aircraft leasing with aircraft operators and acquisitions/disposals of aircraft, from its notifiable transaction rules; and
- The exemption will be available to qualified aircraft lessors, which are listed issuers actively engaged in aircraft leasing as a principal activity and satisfying certain qualification criteria.
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