GCC Consulting

Exchange Publishes Consultation Paper on a New Phase of Paperless Listing Reforms

The Stock Exchange of Hong Kong Limited (the Exchange) is seeking market feedback on proposals to further enhance its paperless listing regime. The proposals include introducing electronic options for securities holders’ communications, real-time electronic payment of corporate action proceeds, electronic subscription payments, hybrid general meetings with e-voting, and incorporating web accessibility guidelines. These changes aim to modernize market infrastructure, improve operational efficiency, and align with global standards. The consultation period is open until 18 October 2024, and interested parties can provide feedback through a questionnaire on the HKEX website.

Resources: https://www.hkex.com.hk/News/Regulatory-Announcements/2024/240816news?sc_lang=en

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