(1) Bulk securities registration service: The issuer shall (or shall procure that its paying agent or registrar shall) provide a bulk securities registration service, for transfers of listed securities representing 2,000 or more board lots of the issuer's listed securities where the securities are being transferred from the name of a single holder into the name of another or the same single holder. Certificates shall be issued pursuant to the bulk securities registration service within 6 business days of the receipt of properly execute transfers or other relevant documents or the relevant certificates.
(2) The fee for registration pursuant to the bulk securities registration service shall not exceed, in total, the higher of the following:—
(a) HK$2.00 multiplied by the number of certificates issued; or
(b) HK$2.00 multiplied by the number of certificates cancelled.