Common use of Ongoing listing procedures Clause in Contracts

Ongoing listing procedures. 3.3.1 Upon and from HKEx’s listing, the SFC shall, in relation to HKEx, have all the powers and functions that SEHK has in relation to a listed issuer, except SEHK’s power to make Listing Rules pursuant to section 34 (1) of the Stock Exchanges Unification Ordinance (Cap. 361). SEHK shall have, and be entitled to exercise, its normal powers and functions in the case of any action or decision in respect of which the SFC has stated in writing that a conflict of interest will not arise if that action or decision were to be taken or made, as the case may be, by XXXX.

Ongoing listing procedures. 3.3.1 Upon and from If HKEx’s listing, application for listing is approved the SFC shall, in relation to HKEx, have all the powers and functions that SEHK has in relation to a listed issuer, except SEHK’s power to make Listing Rules pursuant to section 34 (1) of the Stock Exchanges Unification Ordinance (Cap. 361). SEHK shall have, and be entitled to exercise, its normal powers and functions in the case of any action or decision in respect of which the SFC has stated in writing that a conflict of interest will not arise if that action or decision were to be taken or made, as the case may be, by XXXX.