On October 19, 2022, the Stock Exchange of Hong Kong Limited (SEHK) published a consultation paper inviting market feedback on its proposal to allow the listing of specialist technology companies on the Main Board of SEHK. The proposed regime targets companies primarily engaged in the research and development of, and the commercialization and/or sales of, products and services which apply science and technology to designated specialist technology industries, namely (i) next-generation information technology, (ii) advanced hardware, (iii) advanced materials, (iv) new energy and environmental protection, and (v) new food and agriculture technologies. If adopted, innovative and new economy companies with high growth potential and market valuations may become eligible for listing in Hong Kong, notwithstanding their inability to meet the existing profit, revenue or cash flow requirements under the Hong Kong Listing Rules. Feedbacks on the consultation are due by December 18, 2022.