Hong Kong SFC: GEM-Main Board Merger Still Under Consideration, HKEX to Launch Public Consultation
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Hong Kong Securities and Futures Commission (SFC) CEO Julia Leung stated on Wednesday, September 23, that the plan to merge the Growth Enterprise Market (GEM) with the Main Board is still under consideration. Leung further indicated that Hong Kong Exchanges and Clearing Limited (HKEX) will launch a public consultation on the proposal to gather market feedback. Earlier market reports suggested HKEX is actively studying the feasibility of merging the two boards, aiming to streamline the listing structure and enhance the overall attractiveness and operational efficiency of Hong Kong's capital market. As of Thursday, September 24, HKEX had 2,767 listed companies, comprising 2,461 on the Main Board and 306 on GEM, with market capitalizations of HKD 45.582 trillion and HKD 74.5 billion, respectively.
Source report
Source: Ryanben Capital
Hong Kong's Securities and Futures Commission (SFC) Chief Executive Officer, Julia Leung, stated on Wednesday (September 23) that plans to integrate the Growth Enterprise Market (GEM) with the Main Board remain under consideration.
Leung further noted that Hong Kong Exchanges and Clearing Limited (HKEX) will launch a public consultation on the proposal to gather a wide range of market opinions.
Earlier market reports had already indicated that HKEX is actively studying the feasibility of merging the two boards, aiming to streamline the listing structure and enhance the overall attractiveness and operational efficiency of Hong Kong's capital market.
As of Thursday (September 24), HKEX had a total of 2,767 listed companies, comprising:
- Main Board: 2,461 companies, with a total market capitalization of HK$455,820 billion
- GEM: 306 companies, with a total market capitalization of HK$74.5 billion
Source
新浪财经Eastern
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Hong Kong SFC confirms GEM-Main Board merger under consideration, public consultation planned