Entire Section

  • Depositary receipts

    • 19B.09

      The following requirements must be satisfied as conditions to the listing of depositary receipts:-

      (a) the depositary receipts must be freely transferable; and
      (b) the securities which the depositary receipts represent must be fully paid and free from all liens and any restriction on the right of transfer to the depositary.

    • 19B.10

      The law of the issuer's place of incorporation, as supplemented by the issuer's constitution, must not be inconsistent with the rights of shareholders or of the holders of depositary receipts under Hong Kong law and the Exchange Listing Rules.