Last updated on May 21, 2021
The Hong Kong Stock Exchange will raise its listing requirement for the first time in nearly thirty years starting from January next year, however, it will stop short of doubling the requirements after overwhelming resistance from brokers and bankers.
Companies seeking to list on the main board are required to have generated at least HK$80 million ($10.3 million) in combined profits in the three years ahead of the listing, representing a 60 per cent rise . . .
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