The Hong Kong Stock Exchange (the “Exchange”) has completed a comprehensive review of the regulatory framework concerning the IPO price discovery process and open market requirements and engaged key stakeholders around the topics, resulting in the publication of a consultation paper on 18 December 2024 (the “Consultation”).
The Consultation identifies areas in the current framework that could be improved to enhance the competitiveness of the Hong Kong IPO market. In this bulletin, we have outlined some of the proposals put forward by the Exchange in the Consultation. These highlights do not cover all the details but aim to shed light on the key proposed changes.
The Consultation is open for comments for three months until 19 March 2025. If you would like to discuss any of the points in detail, please get in touch with your usual Linklaters contact or those set out at the back of this bulletin.
For further information, please contact:
Christine Xu, Partner, Linklaters
christine.xu@linklaters.com
