Blue Moon Group (06993): Use the minimum specified public shareholding level as a substitute for the threshold.
Blue Moon Group (06993) issued an announcement that according to rule 13.32B of the Listing Rules, the shares listed on The Stock Exchange of Hong Kong Limited must have a public market.
BLUE MOON GROUP (06993) announced that, according to Listing Rule 13.32B, shares listed on The Stock Exchange of Hong Kong Limited must have a public float. This generally means that a portion of the shares in a category listed on The Stock Exchange of Hong Kong Limited must be held by the public, either (1) at least 25% of the total number of issued shares of that category (excluding treasury shares), or at any lower minimum public float percentage as stipulated at the time of listing under Listing Rule 8.08(1); or (2) alternatively, (a) with a market value of at least HK$1 billion; and (b) at least 10% of the total number of issued shares of that category (excluding treasury shares) of the issuer (alternative threshold). Starting from January 1, 2026, the company has opted for the alternative threshold to comply with Listing Rule 13.32B, providing more flexibility for corporate transactions, capital management, and employee and management share incentive schemes for the group.
As of January 8, 2025, the last practicable date before the publication of this announcement, the market value of the public float of the company (calculated in accordance with Listing Rule 13.32A(3)) is HK$4.07 billion, which is not less than HK$1 billion, while the percentage of the public float on the last practicable date is approximately 20.21% of the total number of issued shares of the company. Therefore, the company complies with the alternative threshold requirement under Listing Rule 13.32B(2).
Related Articles

Northeast: Music ecosystem giant NETEASE MUSIC (09899) benefits from rapid industry growth.

Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.

US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Northeast: Music ecosystem giant NETEASE MUSIC (09899) benefits from rapid industry growth.

Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.

US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.

RECOMMEND

Nine Companies With Market Value Over RMB 100 Billion Awaiting, Hong Kong IPO Boom Continues Into 2026
07/02/2026

Hong Kong IPO Cornerstone Investments Surge: HKD 18.52 Billion In First Month, Up More Than 13 Times Year‑On‑Year
07/02/2026

Over 400 Companies Lined Up For Hong Kong IPOs; HKEX Says Market Can Absorb
07/02/2026


