HKEx reveals HK$2 billion investment plans

Author: | Published: 18 Mar 2011

Hong Kong’s stock exchange (HKEx) plans to invest HK$2 billion ($256 million) into streamlining transactions.

Speaking at Asialaw’s In-house Counsel Summit on March 16, HKEx’s executive vice president and Listing Division head, Mark Dickens said the exchange planned to first focus on developing Chapter 14A of the Exchange Listing rules into something that could be more easily read and understood.

"I have been at the Exchange two years now and although I can understand Chapter 14A I can’t read it. Clearly this is something we need to be address," he said.

Listing in Asia has...