Report on Initial Public Offering Applications, Delisting and Suspensions (December 2024)

The Hong Kong Stock Exchange’s December 2024 report on IPOs, delistings, and suspensions highlights key statistics on regulatory activities. By year-end, there were 2,631 listed companies, with 71 new listings and 49 delistings during 2024. A total of 250 IPO applications were processed, including 107 approved listings. Median processing times for listing steps ranged from 9 to 139 business days. As of December 31, 2024, 66 companies were suspended for three months or more, including 6 awaiting delisting approval. The report underscores adherence to Listing Rules and regulatory timelines to ensure fair treatment of applicants.

Resources: https://www.hkex.com.hk/News/Market-Communications/2024/2412312news?sc_lang=en