Financials Nov 27, 2020 08:35 PM (GMT+8) · EqualOcean
The Hong Kong Stock Exchange has published a consultation document on the profit regulations of main board companies listed in Hong Kong. The consultation lasted for two months. This is also the Hong Kong Stock Exchange's plan to raise the threshold for listing in Hong Kong again after the minimum market value of listed companies on the main board was raised from HK $100 million to HK $500 million in 2018. The Hong Kong Stock Exchange proposes to increase the profit rule by 150% according to the market value in 2018, or by 200% according to the approximate increase of the average closing points of Hang Seng Index (from 1994 to 2019).