A 3-year roadmap to be unveiled by year-end includes plans to set up central clearing for OTC derivatives, and improve convenience and efficiency for foreign investors.
September 27, 2020The minimum cap requirement for the Main Board is being removed in favour of a net income requirement. The criteria for the SME Board are also being relaxed.
September 27, 2020The new IPO platform will streamline current IPO processes and shorten the time between IPO pricing and the listing of new shares.
September 24, 2020The SFC’s investigation revealed that about 53% of Tianhe’s total track record revenue disclosed in its 2014 IPO prospectus was overstated.
September 8, 2020The Council of Institutional Investors has objected to the direct listing rules on concerns that companies may circumvent investor protections built into the IPO process.
September 6, 2020ASIC is granting relief for voluntary escrow arrangements and pre-prospectus communications to security holders and employees to reduce IPO red tape.
August 28, 2020Stock issuers may be ordered to repurchase shares if they conceal material facts or fabricate information in securities issuance documents.
August 28, 202018 companies rose by 212 percent on average on their first day of trading, with one company rising more than 2,900 percent during the day.
August 25, 2020Real estate developers and owners can convert fully completed properties into REITs for listing on the CSE.
August 5, 2020Proposed listing rule amendments will allow some large listed issuers to have a public holding spread as low as 15%, compared to the current 25% minimum.
July 27, 2020