Is King Kong Photovoltaic a GEM board

Growth Enterprise Market (GEM) (: ) is a board of for growth companies that do not fulfill the requirements of profitability or track record for the main board of the exchange. Opened 1999. GEM operates on the philosophy of "buyers beware" and "let the market decide" based on a strong disclosure regime. Its rules and requirements are designed to foster a culture of self com. photovoltaic component production plant in the PRC. While stabilizing our development, we maintain climate change mitigation and adaptation as the focus of corporate development.

photovoltaic component production plant in the PRC. While stabilizing our development, we maintain climate change mitigation and adaptation as the focus of corporate development.

Growth Enterprise Market (GEM) (Chinese: ) is a board of the Stock Exchange of Hong Kong for growth companies that do not fulfill the requirements of profitability or track record for the main board of the exchange. Opened 1999. GEM operates on the philosophy of "buyers beware" and "let the market decide" based on a strong disclosure .

This paper provides background information on the reforms made to the Main Board and Growth Enterprise Market ("GEM") Listing Rules in 2018, the enhancements to the Hong Kong listing regulatory regime in 2018 and 2019, and the Hong Kong Exchanges and Clearing Limited ("HKEX")'s Three-year Strategic Plan of 2019-2021.

proposals to (a) re-position GEM as a stand-alone board; (b) increase the Main Board’s minimum market capitalisation requirement to HK$500 million (and correspondingly the minimum public float value of securities to HK$125 million); and (c) to consider the proposals for the Main Board and GEM independently. 3.

The proposals presented include a new streamlined transfer mechanism for eligible GEM companies to transfer to the Main Board, a new alternative eligibility test for companies in the high-growth segment, and removal of quarterly reporting requirements.

Is King Kong Photovoltaic a GEM board [PDF] Chat with us

6 FAQs about [Is King Kong Photovoltaic a GEM board ]

Why did HKEX publish a gem consultation paper?

3. On 16 June 2017, HKEX published a consultation paper entitled "Review of the rowth EnterpriseG Market (GEM) and Changes to the GEM and Main Board Listing Rules" ("the GEM Consultation ") to seek Paper views from the public on the proposed reform to GEM.

What are the gem & main board listing rules changes?

Listing Rules amendments were made to reflect the new role of GEM as a market for small and mid-sized companies andto ensure that there would be a clear distinction between issuers listed on GEM and the Main Board The key changes made to the . GEM and Main Board Listing Rules, which came into effect on 15 February 2018 are set out in ,

Can a GEM issuer transfer to the main board?

A new streamlined transfer mechanism to enable qualified GEM issuers to transfer to the Main Board without the need to: (a) appoint a sponsor to carry out due diligence, or (b) produce a “prospectus-standard” listing document. A GEM issuer that cannot meet these eligibility requirements may apply for a transfer under existing requirements.

Are gem reforms a positive step towards revitalizing gem?

Given the decline in the number of new listings and funds raised on GEM since 2019, the reforms are overall a positive step towards revitalizing GEM. The new listing requirements will help reduce compliance costs for current GEM issuers whilst upholding market quality and ensuring investor protection.

Is gem a risky investment?

sional and other sophisticated investors. Given that the emerging nature of companies listed on GEM are generally small andmid-sized companies, there is a risk that securities traded on GEM may be more susceptible to high market volatility than sec es ON,

Should gem be re-positioned as a stand-alone board?

cat on of such companies to prevent any potential abuse of GEM’s lower admission requirements.Our responses and conclusion50. We agree that when GEM is re-positioned as a stand-alone board and the GEM Streamlined Process is removed, together with the other proposals to be adopted, for example, mandatory public offering (see paragraph 7

Is King Kong Photovoltaic a GEM board