News Snapshot:
HK's exchange unveils proposal to speed up IPO process By Bloomberg Monday, November 16, 2020, 18:00 By Bloomberg Hong Kong’s stock exchange unveiled a proposal to shorten the time gap between initial public offerings pricing and trading to as little as one day, a move that will bring one of the world’s busiest listing venues in line with rival bourses. The proposed web-based service called FINI will shorten the time gap between pricing and trading to as little as one business day from the current average of five days, reducing market risk Hong Kong Exchanges & Clearing Ltd on Monday...
