Hong Kong to ease IPO rules for mainland Chinese firms in boost for global ambitions

Hong Kong to ease IPO rules for mainland Chinese firms in boost for global ambitions

Hong Kong’s financial regulators have pledged to ease listing requirements for mainland Chinese companies, as they eye the city’s stock market as a source of funding to support their global ambitions. The market watchdog and the bourse operator would unveil proposed revisions later this year, aiming to lower the fundraising threshold, optimise market structure and…

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Hong Kong saw record company registrations in 2024: authorities

Hong Kong saw record company registrations in 2024: authorities

Registrations of local and non-local companies in Hong Kong reached all-time highs in 2024, according to authorities. While the Companies Registry said on Friday that it had made the process easier, a lawmaker attributed the increase to the government’s recent aggressive efforts in attracting overseas companies. Last year, 145,053 local businesses were established, bringing the…

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Hong Kong treasury chief vows swift response to complaints over new e-pension system

Hong Kong treasury chief vows swift response to complaints over new e-pension system

Hong Kong’s treasury chief has pledged to prioritise addressing user complaints aimed at the newly launched electronic pension platform after some employers and staff faced delays when updating contribution records or struggled to withdraw their funds. Secretary for Financial Services and the Treasury Bureau Christopher Hui Ching-yu said on Wednesday that any situation that affected…

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