The Exchange proposes to exercise its right to cancel the listing of the shares of the Company on the Exchange pursuant to Rule 6.10 of the Listing Rules.
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Hong Kong Exchanges and Clearing Limited (HKEx) and Hang Seng Indexes Company Limited (Hang Seng Indexes) today (Tuesday) announced an agreement on HKEx's use of the Hang Seng Industry Classification System (HSICS) for the classification of all Hong Kong-listed companies.
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Hong Kong Exchanges and Clearing Limited has announced the arrangements for the adjustment to the contract terms of all open Wharf futures and option contracts in existence after the market close on 12 December 2007, the business day immediately before the ex-rights date (ex-date), which is 13 December 2007, to account for rights shares to be issued on the basis of one rights share for every eight existing ordinary shares.
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The Stock Exchange of Hong Kong Limited hereby publicly criticises the Company for failing to disclose in a timely manner the continuing connected transactions with connected entities thereby breaching Rule 14A.34 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
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The GEM Listing Committee of The Stock Exchange of Hong Kong Limited criticises the following parties for breaching the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules"):
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Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Monday, 19 November 2007.
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The Exchange announces that effective from the date of this announcement, the Company will be put into the third stage of the Delisting Procedures.
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On 27 July 2007, Hong Kong Exchanges released a consultation paper on GEM to invite market comments on the proposals to further develop GEM as a second board. A total of seven submissions were received at the end of the consultation period on 31 October 2007. Taking into account the market comments, proposed rule changes will be developed for further market consultation.
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Hong Kong Exchanges and Clearing Limited (HKEx) was informed that the Securities and Futures Commission issued a restriction notice on Great Honest Investment Co. Ltd. (broker numbers: 5800 and 5809) today (Monday) under sections 204 and 205 of the Securities and Futures Ordinance.
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Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Friday, 9 November 2007, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below.
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The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), and the Securities and Futures Commission (SFC) published a joint policy statement on a pilot scheme for posting a Web Proof Information Pack, or WPIP, on the HKEx Website prior to the issue of an initial public offering (IPO) prospectus.
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Hong Kong Exchanges and Clearing Limited (HKEx) announced a closing auction session for its securities market will commence on 26 May 2008. The target date takes into consideration system preparations by Exchange Participants and the scheduled introduction of five-digit stock codes in April 2008.
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