In this article

New GEM Exemptions
Webb-site.com, 30-Jul-2001
Over a year after consultation ended, new rules have been announced for HK's second board. The track record requirement is reinstated to two years, but with a glaring exemption for candidates that can meet certain "substantial size" and "significant public following" criteria. So small scams are unacceptable, but big ones are OK, and if you can con 300 people, you don't need a track record. As we explain, this is not going to salvage GEM's tattered reputation, and the process again underlines the need to move listing regulation to the SFC.

Organisations

Topics


Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top