SFC admits defeat in push for input on IPO approvals

There was relief all round this week after Hong Kong's financial regulator backed down from a contentious plan to increase its involvement in listing approvals, and also gave the market some much-needed clarity on its role in IPOs, writes Jonathan Breen.

  • By Jonathan Breen
  • 21 Sep 2017

The Securities and Futures Commission (SFC) and the Hong Kong Stock Exchange released on September 15 the conclusions to a joint consultation paper that was first published back in June 2016.

The paper included a much-debated proposal on creating a listing regulatory committee, which would give the SFC earlier and ...

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