Financial

CMON’s Application to Transfer to the Main Board of the Hong Kong Stock Exchange Has Lapsed, Again

CMON’s application to move to the main board of the Hong Kong stock exchange has lapsed as the process has taken more than six months. It will continue to be listed in the GEM market.

This is the second time the company has not been able to complete the application process. The company first applied in July 2018, and then again in April of this year.

The company says it will assess the situation and may make a re-submission when the Board decides it is appropriate. CMON believes the company would benefit from moving to the main board.

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