Companies lobby to stop HK listing change

Author: | Published: 29 Dec 2008

As Hong Kong’s Legislative Council prepares to reform the listing regime from January 1, companies are lobbying regulators in the hope of a last-minute reprieve. New rules to prevent insider dealing could stop directors trading company stock for up to seven months a year.

In an open letter to the Financial Services and Treasury Bureau, the Securities and Futures Commission, and the Hong Kong...