Preparing a Hong Kong listing document (prospectus)
A sponsor must oversee and be closely involved in the preparation of the listing document. The sponsor must ensure that, at the time of issue of a listing document, after reasonable due diligence, it has reasonable grounds to believe and does believe that the listing document contains sufficient particulars and information to enable a reasonable person to form a valid and justifiable opinion of the shares, financial condition and profitability of the listing applicant……
http://charltonsnaturalresources.com/en/listing-process/publication-and-circulation-of-the-prospectus
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