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On 19 October 2022, The Stock Exchange of Hong Kong Limited ("Exchange") published a consultation paper ("Consultation Paper") on a new listing regime for Specialist Technology Companies (as defined below). The new regime is designed to attract advanced technology companies or new economy companies besides those which operate internet businesses that have strong growth potential and are most likely to represent the industries of the future, as well as to allow such companies to have access to the public market for their continuous development and growth.
The consultation will close on 18 December 2022.
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For further information and to discuss what this development might mean for you and steps to be taken, please get in touch with our lawyers set out under the "Contact Information" or your usual Baker McKenzie contact. We are happy to advise on the actions to be taken in light of this new regime.
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