Financial

CMON’s Transfer Application to Hong Kong Main Exchange Lapses

CMON’s application to transfer to the main board of the Hong Kong stock exchange has expired. The application was submitted in July, but automatically lapsed after the process took more than six months. CMON will resubmit for a renewal of the application.

CMON has traded on GEM market since their listing in December 2016. At the time of the application, the company said a move to the main board would enhance the profile of the brand, which would help with awareness and sales. They also said the upgraded listing would help create opportunities with larger and more reputable partners.

The original release

 

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