Hong Kong Stock Exchange Relaxes Listing Rules to Boost IPOs
The Hong Kong stock exchange has implemented its biggest reform in eight years by relaxing listing rules, aiming to attract more initial public offerings and compete with US rivals.
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Hong Kong stock exchange relaxes listing rules to compete with US rivals
Global competitiveness drive comes despite bourse being increasingly dominated by Chinese companies
Read full article →Hong Kong exchange’s biggest reform in 8 years opens gates to more IPOs
Stock exchange operator Hong Kong Exchanges and Clearing (HKEX) will allow all listing applications to remain confidential and will reduce market-capitalisation requirements for listings by start-ups and international firms immediately, it announced on Friday. Confirming a report by the South China Morning Post, HKEX will proceed with confidential filing as it proposed in March in its biggest set of listing reforms since 2018. The exchange will also reduce the market-cap requirements for...
By Enoch Yiu
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