Hong Kong Regulations

SECURITIES AND FUTURES (STOCK MARKET LISTING) RULES - SECT 8

Suspension of dealings in securities

PART 3

SUSPENSION OF DEALINGS

(1) Where it appears to the Commission that-

   (a)  any materially false, incomplete or misleading information has been
        included in any-

        (i)    document (including but not limited to any prospectus,
               circular, introduction document and document containing
               proposals for an arrangement or reconstruction of a
               corporation) issued in connection with a listing of securities
               on a recognized stock market; or

        (ii)   announcement, statement, circular or other document made or
               issued by or on behalf of an issuer in connection with its
               affairs;

   (b)  it is necessary or expedient in the interest of maintaining an orderly
        and fair market in securities traded through the facilities of a
        recognized exchange company on the recognized stock market it
        operates;

   (c)  it is in the interest of the investing public or in the public
        interest, or it is appropriate for the protection of investors
        generally or for the protection of investors in any securities listed
        on a recognized stock market; or

   (d)  there has been a failure to comply with any condition imposed by the
        Commission under section 9(3)(c), the Commission may, by notice to the
        recognized exchange company, direct the recognized exchange company to
        suspend all dealings in any securities specified in the notice.

(2) The recognized exchange company shall comply with any notice given under
subsection (1) without delay.