Definition
Arithmetic mean of each trading day's closing market cap over the review period. Stock Connect WVR threshold: 183-day average daily market cap of at least HK$20 billion.
Category
Stock Connect Inclusion

Basis

The links above lead to official sources such as HKEX and the SFC. The explanation on this site summarises them and may differ from the official definition; the official documents prevail.

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This page explains the HK IPO term "Average Daily Market Cap" and links to related terms. Definitions are compiled from HKEX Practice Note 18 and the Listing Rules, for understanding subscription rules only — not investment advice.

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