Hong Kong plans IPO overhaul to help vie for listings


Source: nikkei.com nikkei.com

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The Hong Kong Stock Exchange's chief executive said it had to innovate to protect its "global leadership position." (Photo by Rie Ishii) © Reuters NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent November 16, 2020 16:50 JST | Hong Kong Copy Copied HONG KONG -- Hong Kong plans to cut the time lag between pricing an initial public offering and the start of trading to as little as one day, in the biggest reform of the way companies join the city's stock market in over two decades. The Asian financial hub's stock exchange operator revealed plans for the long-awaited...