This webinar recording provides an overview of the Hong Kong Stock Exchange Listing Rule changes that took effect on 4 August 2025, including the introduction of the tiered initial public float thresholds and the new initial free float requirement. It also explains the key amendments to IPO share allocation and pricing mechanisms, and other consequential Hong Kong Stock Exchange Listing Rule updates.

The session further discusses the Hong Kong Stock Exchange’s further consultation on the public float regime, including the proposed ongoing public float thresholds, disclosure requirements, and consequences of significant public float shortfalls.