Name: Webinar | HKEX Listing Rule Changes Effective 4 Aug 2025 & Public Float Consultation | 26 Sep 2025
Uploaded: 2025-11-21T02:57:19+00:00
Duration: 51 min 18 s
Description: This webinar recording provides an overview of the Hong Kong Stock Exchange Listing Rule changes that took effect on 4 August 2025, including the introduction of the tiered initial public float thresh

2 months ago

News Education HKEX HKEX Listing Rules HKEX 2025 Public Float Initial Public Float Ongoing Public Float IPO Rules IPO Allocation Clawback Mechanism

This webinar recording provides an overview of the Hong Kong Stock Exchange Listing Rule changes that took effect on 4 August 2025, including the introduction of the tiered initial public float thresholds and the new initial free float requirement. It also explains the key amendments to IPO share allocation and pricing mechanisms, and other consequential Hong Kong Stock Exchange Listing Rule updates.

The session further discusses the Hong Kong Stock Exchange’s further consultation on the public float regime, including the proposed ongoing public float thresholds, disclosure requirements, and consequences of significant public float shortfalls.

#HKEX #HKEXListingRules #PublicFloat #IPOAllocationReforms #HKEXConsultationPaper#HKEXOpenMarket

Timecodes:
0:00 Context & Market Backdrop
1:42 Adopted Proposals
3:19 Tiered Float Thresholds
4:57 Scope & Instruments
6:49 Float Calculation Revisions
10:06 Overseas Listings & DRs
11:22 Revised “Public” Definition
13:00 Float Disclosure Rules
14:36 Minimum HK Listing Portion
16:07 New Free Float Requirement
19:19 Ongoing Float Proposals
22:29 H-Share Ongoing Rules
24:03 Transitional Arrangements
25:35 No Waivers & OTC
27:06 Disclosure Framework
31:50 Breach Handling
34:58 Shortfall Criteria
38:18 Enforcement Powers
39:55 Takeovers & Relief
41:28 IPO Allocation
43:08 Clawback Mechanisms
48:08 Other Amendments
49:53 Valuation & Notices