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If i were selling fashionable clothes..can i start my business in the form of a listed company??
N what basic requirements should be fulfilled in order to become a Listed Company?
could u answer in English?? thx so much*
- 1 decade agoFavorite Answer
To become the listed company in Hong Kong or overseas market, first of all, the company should apply for the IPO. Well, I think you are thinking of the IPO to be easy as just of setting up a company. Now, no new company can do the IPO. At least, the company should have one year financial records and accounting reports to meet the basic requirement for the GEM board. But, no sponsor would like to accept your deal of such brand new company, or you have lots of monies to spend because the IPO fee will cost over HK$12 million.
The basic requirements for IPO in Main board of a company are: (1) net assets over HK$50 million, and (2) 3 years of profits record, and the latest year profit should be more than $30 million. Again, that is just the basic requirement, and no sponsor or investment banker and investor like to invest such tiny profits company. That means the final stage of public offering will not be successful, for example, lately, many IPO companies cancel their IPO due to the weak market.
Alternative way or not to do the IPO, you can buy an existing listed company.Now, this costs of more than HK$100 million for the main board. But, you need to wait one year to inject the assets and businesses into such listed company.
You can find the IPO requirements in the Hong Kong Stock Exchange or other stock market in the world.
- 1 decade ago
listed company 前身一定要係public company~同埋如果你想上市你公司一定要有一定ge profit係連續果2年~~而家有隻創業版上市會好d~~同埋上市既規定又唔多~~正式上市會煩好多~~同埋要發招股書~~果到已經要洗好多錢啦~~上市前一定要找會計師核數~要同聯交所申請架~~