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Comparison of Hong Kong Main Board and GEM Listing Conditions

Project Hong Kong Main Board Hong Kong GEM paid-in capital has no specific requirements No specific requirements The operating record must have a three-year business record. The issuer has not undergone major changes in its main business and management in the last three years. The actual controller has not changed and must show that the company has two Year's "Active Business Record" Profit Requirement Profit Test...

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Hong Kong GEM Listing Approval and Regulatory Guidelines

1. Guidelines for the approval and supervision of domestic enterprises applying for listing on the Hong Kong Growth Enterprise Market (1) Joint stock limited companies (hereinafter referred to as "Company") approved by the provincial people's government or the State Economic and Trade Commission, and legally established and regulated; (2) Its main sponsors comply with relevant national laws and regulations, and have not been in the last two years...

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Hong Kong GEM Listing Main Listing Requirements

1. There is no profit requirement. High-growth enterprises may not necessarily obtain a profit record during the start-up period. Therefore, the GEM Listing Rules do not stipulate that new listing Shenjing people must have a past profit record to be listed on the GEM. 2. The sponsor and its new listing applicant for the continuous appointment period are required to hire any GEM sponsor for their...

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Hong Kong GEM Market Profile

The Hong Kong Growth Enterprise Market is a completely independent new stock market outside the main board market. It has the same status as the main board market. It is not a market that is lower than the main board or its supporting market. In terms of listing conditions, trading methods, supervision methods and contents. Both are very different from the main board market. Its purpose is to grow for the emerging...

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Hong Kong GEM Listing Procedure

In the fourth quarter of 1999, the Hong Kong Growth Enterprise Market will be officially launched. For domestic small and medium-sized technology companies and other private enterprises, it is undoubtedly encouraging news. The GEM, also known as the second board market, provides direct growth in the capital market for new growth companies (mainly small and medium-sized technology companies).

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Analysis of the difficulties in listing the Hong Kong GEM

I. INTRODUCTION Like the Nasdaq of the United States, the Hong Kong GEM has been operating to this day, attracting more and more institutional investors to join this market with its “loose” listing conditions. Overall, it is functioning normally and indicates good. Development momentum. However, as of August 17, 43 has been announced and listed and officially traded...

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Policy Background for the Establishment of Hong Kong Growth Enterprise Market

1. Hong Kong's economy faces structural adjustment The rise of Hong Kong's economy stems from the prosperity of the manufacturing industry. After the 1980s, with the rise of the "pre-store and post-factory" model, Hong Kong's manufacturing industry gradually shifted to the interior. At the same time, as Hong Kong production companies are accustomed to copying the ready-made technology products of developed countries in Europe and America, they have long neglected their own technological innovation...

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Policy Orientation of Hong Kong GEM Listing Rules

1. Positioned in the three sides of the Taiwan Strait: Hong Kong securities regulatory authorities recognize that to make the GEM a success, the first is to have a high-quality listed company. The positioning of Hong Kong GEM on listed companies is a small and medium-sized enterprise with growth potential across the Taiwan Straits. Specifically, these corporate resources will mainly come from the following three aspects...

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Hong Kong GEM Listing Regulations

In addition to the listing procedures and regulations, the regulations and policies related to the listing of domestic enterprises to the Hong Kong GEM also involve foreign investment, foreign investment, foreign exchange management and industrial policies. At the time of the formulation of these policies and regulations, it was mainly aimed at state-owned enterprises and aimed at managing state-owned assets. If the domestic enterprise...

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