HKEx pushes disclosure based regime

Author: | Published: 18 Nov 2010

The Hong Kong Stock Exchange (HKEx) plans to move to a more disclosure-based regime to encourage mining companies to list.

Speaking at IFLR’s Asia Capital Markets Forum, HKEx senior manager JS Wadhwani said the fact the exchange was getting comfortable with resource-rich jurisdictions like Mongolia, was proof HKEx was open to such a move on a case-by-case basis.

However, he conceded that the risk the Exchange Listing Committee would raise suitability concerns still...