Entire Section

  • Securities' Qualifications for Listing

    • 37.09

      The debt securities must be freely transferable with a denomination of at least HK$500,000 (or equivalent in other currencies).

    • 37.09A

      Except in the case of a tap issue, the debt securities must be of a principal amount of at least HK$100 million (or equivalent in other currencies).

    • 37.10

      The debt securities must have been validly authorised.

    • 37.11

      If an issuer is a body corporate (including a State corporation) its debt securities:

      (a) must comply with the law of the place where it is incorporated or established; and
      (b) must comply with its memorandum and articles of association or equivalent documents.

    • 37.12

      If an issuer is issuing guaranteed debt securities under rule 37.08 the guarantee:
       
      (a)    must have been validly authorised;
       
      (b)    must comply with the guarantor's memorandum and articles of association or equivalent documents, if the guarantor is a body corporate (including a State corporation); and
       
      (c)    must comply with the law of the place where the guarantor is incorporated or established.