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Gov’t welcomes listing report

September 19, 2014

The Government has welcomed the Securities & Futures Commission’s annual review report on the Hong Kong Stock Exchange’s performance in regulating listing matters.

 

The report said the exchange’s operational procedures and decision-making processes have been appropriate, and fulfilled the exchange’s statutory duty to ensure the market is orderly, informed and fair.

 

On applications to transfer Growth Enterprise Market listings to the Main Board, the report recommended the exchange boost scrutiny and adopt a more probing approach when vetting.

 

The Government welcomed the report’s recommendations, which promote higher standards in the vetting and processing of applications relating to various listing matters and compliance with the Listing Rules.

 

Click here to read the report.



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