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KPMG: SEHK's Consultation Paper on Optimizing IPO/ CG Code Can Fortify HK Capital Mkt's Resilience/ Sustainable Growth
2024-12-20 15:49:25 Regarding the consultation paper issued by the Stock Exchange of Hong Kong (SEHK) yesterday on optimizing the IPO and Corporate Governance Code (CG Code), Paul Lau, Head of Capital Markets and Professional Practice at KPMG China, commented that optimizing IPO price discovery and public market requirements as well as the CG Code can help promote the resilience and sustainable growth of Hong Kong's capital market, thereby consolidating Hong Kong's leading position as an international financial center. As a super connector between the Mainland and the rest of the world, Hong Kong's capital market is highly attractive to A-share companies looking to expand their international investor base. HKEX's proposed optimizations for the public market aim to provide greater flexibility for A-share issuers listing in Hong Kong and ensure that their stocks have sufficient liquidity for trading in the Hong Kong market. ~ AAStocks Financial News Web Site: www.aastocks.com |