The revised Securities Listing Rules of The Stock Exchange of Hong Kong Limited and the GEM Listing Rules of The Stock Exchange of Hong Kong Limited (hereinafter collectively referred to as the "Listing Rules") and the Corporate Governance Code have come into effect on July 1, 2025.
In the new Corporate Governance Code, the Exchange has strengthened the transparency requirements regarding dividend policies and the reasons for dividend yield decision-making. Issuers with a dividend policy and declaring dividends must disclose the purposes and reasons for such decisions;
And confirm that all dividend decisions made by the Board of Directors during the reporting period comply with the issuer's dividend policy (or if not, explain why it deviates from the issuer's dividend policy). For issuers that have not established a dividend policy or decide not to declare dividends, they must state the reasons for not establishing such policy and decision.
Editor/Lee
