HONG KONG: Hong Kong-listed companies may be allowed to delay releasing annual earnings beyond the end of the March deadline, as the deadly virus outbreak and travel restrictions make it difficult to complete and verify accounts, according to three people familiar with the matter.
One solution proposed is that companies with a December year-end could apply for a waiver on releasing their annual results, the people said. In mainland China, the People’s Bank of China announced over the weekend that listed companies and bond issuers could apply for a one-month extension to April 30.
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