Hong Kong’s New Delisting Regime reduces Prolonged Suspensions

Julia CharltonPartner, Charltons

The HKEX listed company delisting process was accelerated from August 2018 to deal with angst over long suspensions of listed companies. A fixed period delisting criterion now applies to delist companies failing to sort out the issues that led to their suspensions within a prescribed fixed period of continuous suspension.  From now on, the HKEX can step in to delist an issuer immediately in certain circumstances.


Links