Exchange Presents Results of Review of Issuers’ 2023 Annual Reports and Publishes New Guide on Preparation of Annual Report

The Stock Exchange of Hong Kong Limited (HKEX) published its annual review of listed issuers’ 2023 financial year-end reports, highlighting high compliance rates with disclosure requirements and continuous improvements in reporting of money lending transactions. The review, supported by AI technology, assessed areas such as financial statements, lending transactions, and management discussions. To further enhance transparency, HKEX issued a customised Guide on Preparation of Annual Report, offering a comprehensive reference for issuers. Katherine Ng, HKEX Head of Listing, emphasized the importance of governance and encouraged issuers to use the Guide for improved reporting practices. The Report and Guide are available on the HKEX website.

Resources: https://www.hkex.com.hk/News/Regulatory-Announcements/2024/2412102news?sc_lang=en