HK listings likely to decline with new shift

  • Business Premium
  • Tuesday, 25 Mar 2003

HONG KONG: The number of new listings on the Hong Kong bourse, which has been flooded by small issues in the past year, is expected to decline under a plan to shift listing approval duties to the territory’s securities watchdog. 

The quality of issuers, however, could improve as the Securities and Futures Commission (SFC) would likely be stricter in endorsing listing candidates, market watchers say. 

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