Hong Kong stock exchange aims to modernise IPO process, slashing times for debutants to list as it strives to protect global crown


Source: scmp.com scmp.com

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Proposed new electronic platform would shorten the gap between an IPO being priced and its trading debut from five business days to just one day The proposal by the stock exchange operator would improve market efficiency and reduce risks, according to analysts Proposed new electronic system would shorten the gap between IPO pricing and trading debut by 80 per cent, boosting the city’s competitiveness as an international listings hub. Hong Kong Exchanges and Clearing (HKEX) is proposing a revamp that would drastically speed up the process of initial public offerings, helping the city maintain its edge as a hub for...