The Securities and Futures Commission (SFC) has ended the suspension of Changjiang Corporate Finance (HK) Limited (CJCF) from acting as a sponsor for listing applications on the Stock Exchange of Hong Kong Limited (SEHK). The suspension was imposed due to CJCF’s failure to meet sponsor obligations between September 2015 and December 2017. CJCF undertook a comprehensive review and implemented necessary improvements. The SFC, having reviewed the findings, is now satisfied that CJCF has adequate systems and procedures to ensure regulatory compliance.
Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR135