Hong Kong exchange’s biggest reform in 8 years opens gates to more IPOs

    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…

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    Exclusive | HKEX to allow confidential filings, lower market cap threshold for start-ups, sources say

      Exclusive | HKEX to allow confidential filings, lower market cap threshold for start-ups, sources say

      Hong Kong Exchanges and Clearing (HKEX) would proceed with its listing reform to allow confidential filings and a lower market capitalisation requirement, as part of the exchange operator’s plan to increase its international competitiveness, two sources told the South China Morning Post. The move would be a result of the exchange’s months-long consultations with market…

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