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. Its 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...