Hong Kong watchdog slams IPO sponsors

hong kong central px230
By GlobalCapital
11 Oct 2018

Hong Kong’s IPO sponsors are in the spotlight again after the top enforcer at the city’s regulator called them out for poor work this week.

The Securities and Futures Commission (SFC) is investigating sponsor misconduct, targeting 28 firms and 39 listing applications, said Thomas Atkinson, SFC executive director, Enforcement Division

“We continue to see sponsor work performed below expectations,” Atkinson said at the

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