A Hong Kong Public Limited Company is limited by shares.
It allows to:
offer its shares and debentures to the public;
have more than 50 shareholders; and
have no restrict right to transfer its shares.
Public companies may or may not be listed on The Stock Exchange of Hong Kong Limited (HKSE).
Companies listed on the HKSE are regulated by the Rules Governing the Listing of Securities on the HKSE (Listing Rules) and the Codes on Takeovers and Mergers and Share Buy-backs.
Ability strength to raise capital and attract the investors when compare to private limited company/partnership/sole proprietor company.
Rules and regulations – Hong Kong Public Limited Companies raise funds from the public and are therefore subject to stricter rules and regulations.Public disclosure – Hong Kong Public Limited Companies must disclose accounts information.
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