Hong Kong regulators move to speed up company listings

Quick Summary:

Hong Kong's bourse and securities regulator on Friday moved to shorten the approval time for company listings, the latest effort to boost the attractiveness of Hong Kong as a global venue for initial public offerings (IPO).

The new timeframes will come into force for applications filed from Monday next week.

Total funds raised via IPOs declined by a quarter against a year earlier, with 30 companies listing, the data show.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaHong Kong

Topics: Hong Listing Concerns Exchanges Clearing (hkex) Applications Timeframe Securities Year Kong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 19:03:22 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23118508

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 39 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

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Publisher ID: #27

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