19C.05

An overseas issuer with a WVR structure must satisfy one of the following criteria:
 
(1)    a market capitalisation of at least HK$40,000,000,000 at the time of listing; or
 
(2)    a market capitalisation of at least HK$10,000,000,000 at the time of listing and revenue of at least HK$1,000,000,000 for the most recent audited financial year.