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HKEX Suggests Enhancing the Feedback System for Listing Applications
3 hour ago /
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Author：小编
On Friday, Hong Kong Exchanges and Clearing Limited (HKEX) put forward a series of suggestions aimed at "enhancing the feedback system" for listing applications. At present, when an application for listing is sent back, the exchange merely reveals the names of the listing applicant and the sponsoring bank. Under the fresh proposal, if a listing application is rejected due to it being "not substantially complete," the names of all professional service providers engaged in the deal will be disclosed, encompassing legal advisors, reporting accountants, and so forth. This move is expected to motivate all involved parties to guarantee that the submitted documents adhere to the standard of being "ready for public dissemination."
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