First German IPO overcomes HK listing rules

Author: | Published: 1 Feb 2010

Schramm Holding has become the first German company to list on the Hong Kong Stock Exchange following several months of work harmonising requirements under German corporate law and Hong Kong’s Listing Rules.

The deal, which received preliminary approval in August 2009, finally went to market on December 29. The listing opens the way for further German companies, and those from other European civil law regimes, to list in Hong Kong.

Channel correspondents