The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, published a “Consultation Paper” to seek market comments on a range of proposals. The recommendations aim to improve the regulatory requirements of listed issuers relating to corporate transactions, thereby enhancing the competitiveness of the Hong Kong listing system. The consultation period lasts for 10 weeks and ends on November 30, 2026. According to the “Consultation Paper”, the Hong Kong Stock Exchange proposed raising the threshold for major transactions requiring shareholders' approval from 25% to 50%; however, with the exception of transactions involving the provision of financial support, securities or other investment activities, it remains at 25%. At the same time, the classification of very significant sales matters and very significant acquisitions was abolished.

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, published a “Consultation Paper” to seek market comments on a range of proposals. The recommendations aim to improve the regulatory requirements of listed issuers relating to corporate transactions, thereby enhancing the competitiveness of the Hong Kong listing system. The consultation period lasts for 10 weeks and ends on November 30, 2026. According to the “Consultation Paper”, the Hong Kong Stock Exchange proposed raising the threshold for major transactions requiring shareholders' approval from 25% to 50%; however, with the exception of transactions involving the provision of financial support, securities or other investment activities, it remains at 25%. At the same time, the classification of very significant sales matters and very significant acquisitions was abolished.