SEHK


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SEHK

See: Stock Exchange of Hong Kong

Stock Exchange of Hong Kong

The only stock exchange in Hong Kong. Established in 1891, it lists more than 1,200 companies with a market capitalization of more than $2 trillion. The Stock Exchange of Hong Kong is relatively unusual in that many stocks, even for well-established companies, often trade for a low dollar amount. As a result, the exchange has a rather low definition of penny stock. It is one of the premier exchanges in East Asia. It is also known as the Hong Kong Stock Exchange.
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The strategic rationale for Galaxy's listing on the SEHK is tied to a perceived strong appetite for lithium exposure by the Chinese and international investment community.
Galaxy Resources Limited (ASX:GXY) To Establish Strategic Asian Footprint & Fund Growth Through Hong Kong Listing
As a result, the share repurchase program on the SEHK will be governed by Canadian law relating to issuer bids conducted on foreign exchanges and relevant Hong Kong Listing Rules, while purchases made on the TSX will be undertaken in accordance with the TSX's listing rules covering Normal Course Issuer Bids.
SouthGobi Resources Limited (TSX:SGQ) Announces Common Share Repurchase Program
The launching of trading on GEM, a separate and alternative market also operated by SEHK, attracted demand from investors, Ng said.
Profit-taking, new market push H.K. share prices down
The SEHK had earlier told the 30 data providers that their contracts do not allow them to provide real-time data to SIMEX.
SIMEX, H.K. bourse remain apart on futures trading

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