Hong Kong Pledges to Cut IPO Vetting Time to About 100 Days

Hong Kong Pledges to Cut IPO Vetting Time to About 100 Days

Hong Kong pledged to vet and debut companies in about 100 days in a bid to guarantee a set time frame for initial public offering applicants.

For companies fully meeting listing requirements, the stock exchange and regulator will limit the question-and-answers in two rounds to no more than 40 business days, according to a joint statement by Hong Kong Exchanges & Clearing Ltd. and the Securities and Futures Commission.

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