HK exchange to simplify listings

Author: | Published: 1 Jul 2009

In an attempt to improve its appeal to companies, Hong Kong is embarking on a series of listing reforms. As the exchange's head of listing Mark Dickens confirms, the exchange will consult on listing procedures and prospectuses to start what could be a fundamental change to documentation.

Speaking exclusively to IFLR, Dickens said: “We are writing a consultation paper at the moment called Streamlining IPO documents and simplifying the checklist. It’s all about process and there are no substantive changes on content requirements. We want to reduce the paper burden and the timetable.”

The consultation paper, which could be distributed by the end of the month, will focus first on Chapter 9 of the listing rules which details listing applications. The exchange is keen...