News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
SFC, HKEX Send Letter to Sponsors Concerning IPO Application Quality
The Hong Kong Securities and Futures Commission (SFC) and HKEX (00388.HK) have sent a letter to IPO sponsors expressing regulatory concerns over the recent decline in the quality o...
Reset
Send
The window will close in 5 seconds
SFC, HKEX Send Letter to Sponsors Concerning IPO Application Quality
Close
Recommend
9
Positive
14
Negative
7
 
SHORT SELL
 
STOCK INFO

The Hong Kong Securities and Futures Commission (SFC) and HKEX (00388.HK)  +0.400 (+0.098%)    Short selling $135.01M; Ratio 11.346%   have sent a letter to IPO sponsors expressing regulatory concerns over the recent decline in the quality of IPO applications and certain non-compliant behaviors observed, Bloomberg reported.

At the moment, Hong Kong's IPO fundraising is over USD34 billion, expected to notch a four-year high. According to HKEX statistics, about 300 companies are awaiting listing.

Related NewsCICC Forecasts CN Brokers to See 12% Earnings Growth Next Yr, Policy to Provide Upward Catalyst
An SFC spokesperson said that the SFC has jointly sent letters with HKEX to several IPO sponsors, underscoring their continued welcome of quality companies listing in Hong Kong and supporting a vibrant capital market ecosystem. The SFC will continue to work closely with HKEX to maintain the quality and standards of IPO applications in Hong Kong. Separately, an HKEX spokesperson confirmed the letter.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-12-30 16:25.)

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.