Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 145

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 145
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 to list their shares. The following chart illustrates the total market capitalization of companies listed on the Main Board and GEM of the HKSE as at the respective year/period end date from December 31 2014 to March 31 2024. * As of March 31, 2024 (1Q 2024) Source: HKSE, Migo As of December 31, 2023, the market capitalization of the companies listed on the Main Board and GEM of HKSE amounted to approximately HK$30,985 billion and HK$54 billion, respectively, with a CAGR of about 2.5% and -12.5% since December 31, 2014, respectively. About 99.8% of total market capitalization fell to the Main Board as of December 31, 2023. Number of listed companies and new listing applications in Hong Kong The HKSE operates two markets, the Main Board and GEM, for companies to list their shares. The Main Board is a market for more established companies while GEM is a market with lower listing eligibility criteria but similar continuing obligations compared to the Main Board. According to the HKSE, there were a total of 2,283 companies and 326 companies listed on the Main Board and GEM in 2023, respectively, with a CAGR of approximately 4.4% and 5.3% since 2014, respectively. Among these, 73 of the listed companies were newly listed on the Main Board, but there were no newly listed companies of GEM during 2023. The number of new listing applications on the Main Board and GEM was 111 and 5 for 2023, respectively. 81 The following charts illustrate the number of newly listed companies in Hong Kong and the number of new listing applications in Hong Kong from December 31, 2017 to March 31, 2024. * Figures includes the number of companies for transfer of listing from GEM Source: HKSE, Migo * Figures include eventually listed, active, lapsed, withdrawn and rejected applications Source: HKSE, Migo 82 Fund Raising and Takeovers Codes Related Activities in Hong Kong Stock Market The following chart illustrates the amount of funds raised from IPOs and Post -IPOfund raising activities on the Main Board and GEM for the seven years ended March 31, 2024. Source: HKSE, Migo As one of the leading capital markets in the