Hong Kong Pledges to Shrink IPO Vetting to About 100 Days
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A gong at the Hong Kong Exchanges & Clearing (HKEX) Connect Hall.
Photographer: Billy H.C. Kwok/BloombergThis article is for subscribers only.
Hong Kong pledged to vet and debut companies in about 100 days in a bid to guarantee a set time frame for initial public offering applicants.
For companies fully meeting listing requirements, the stock exchange and regulator will limit the question-and-answers in two rounds to no more than 40 business days, according to a joint statement by Hong Kong Exchanges & Clearing Ltd. and the Securities and Futures Commission.