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Enhancing Sponsors’ Value Proposition to Drive GEM Advancement Keynote address at the Association of Hong Kong Capital Market Practitioners’ Seminar
20
Jan
Jan
Dr. Kelvin Wong, Chairman of the SFC, emphasized the importance of GEM (Growth Enterprise Market) in supporting SMEs, which are vital to Hong Kong’s and Mainland China’s economies, during his keynote speech at the Association of Hong Kong Capital Market Practitioners’ Seminar. He highlighted the success of GEM reforms in 2024, with increased IPO activity and sponsor fees, and stressed the critical role of sponsors in enhancing corporate governance, conducting rigorous due diligence, and ensuring the long-term sustainability of companies beyond IPOs. Good governance, he noted, is essential for corporate success and Hong Kong’s reputation as a global capital market. While the SFC remains committed to combating sponsor misconduct, Dr. Wong encouraged stakeholders to adopt best practices to strengthen the resilience and quality of listed companies. Resources: https://www.sfc.hk/-/media/EN/files/COM/Speech/CH-speech-synopsis-at-HKCMP-seminar–English-FINAL20250117.pdfrev=ca4be9adb3e640ada07d32b6157e35eb&hash=228D6CDCBE36414D61BDD23E4AA27EC5
