Hong Kong Stock Exchange Publishes Listing Document Simplification Guide
Hong Kong Stock Exchange Publishes Listing Document Simplification Guide
The Stock Exchange of Hong Kong Limited (the Exchange) has published new guidance letter HKEx-GL86-16 on producing simplified listing documents for new applicants’ listings of equity securities (the Listing Document Simplification Guide).
Given concerns that Hong Kong listing documents are excessively long and complex and difficult to understand, the Listing Document Simplification Guide aims to:
- encourage the production of clearer, more succinct listing documents;
- provide guidance on the information the Exchange expects to be included in different sections of a listing document; and
- enhance investors’ ability to find and understand information in listing documents necessary to make properly informed assessments of listing applicants. Read more