SFC publishes review of SEHK’s performance in regulating listing matters

The Securities and Futures Commission (SFC) released its review of The Stock Exchange of Hong Kong Limited’s (SEHK) regulation of listing matters in 2022-2023. The review evaluated SEHK’s operations, handling of issuers’ non-compliance, unusual stock movements, and IPO application vetting. While SEHK made progress on prior recommendations, the SFC identified areas for improvement, including stricter measures for non-compliance with transaction rules and enhanced procedures for stock movement inquiries. IPO processing times improved in 2023, supported by a streamlined application process. The SFC will work with SEHK to implement recommendations, ensuring the integrity and resilience of Hong Kong’s listing market.

Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR215