chong fai AR19-20_X2_Final_(12.2mm)_OP.pdf 1 22/6/2020 18:04:19 CHARACTERISTICS OF GEM of the stock exchange of hong kong limited (the "stock exchange") 香港聯合交易所有限公司（「聯交所」）GEM 的特色 GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Main Board. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due ...