Friday September 27 2013
News Source: Global Exchanges
Focus: Other
Type: General
Country: Hong Kong
Link: http://www.sfc.hk/web/files/ER/PDF/13PR98_statement.pdf
The Securities and Futures Commission of Hong Kong (SFC) and The Stock Exchange of Hong Kong Limited (SEHK) have published a revised Joint Policy Statement (JPS) regarding the listing of overseas to replace the JPS issued in March 2007.
The objective of the revised JPS is to:
Promote transparency in the listing process;Provide regulatory certainty for overseas companies seeking either primary or secondary listing in Hong Kong; andMaintain the quality of Hong Kong’s financial market, which is recognised for its high standards of regulation, investor protection and corporate governance.
The revised JPS consolidates all relevant issues regarding listing of overseas companies into a single document.
Click on the above link for more details.