Guotai Junan International Holdings – Charm

Some sponsors are too focused on chasing deals and do not ensure they have adequate manpower and resources to maintain the quality of their due diligence and paperwork, according to Julia Leung. Photo: Jonathan Wong

SFC prepares to inspect Hong Kong IPO listing sponsors amid quality concerns

6 months ago03 mins

Hong Kong’s market regulator will soon begin inspection of investment banks to assess their roles as sponsors of listing candidates, in its latest effort to uphold the quality of new listings amid a booming market. The Securities and Futures Commission (SFC) said the inspection would focus on whether banks had complied with its January circular,…

Hong Kong insider-trading arrests send ‘very strong message’ on market integrity

7 months ago03 mins

Arrests in a HK$315 million (US$40 million) insider dealing case underscore Hong Kong’s commitment to upholding the integrity of its stock market amid a surge in new listings and share placements, according to industry players. The Independent Commission Against Corruption (ICAC) on Thursday said it had arrested eight people after joining forces with the Securities…