Hong Kong Stock Exchanges and Clearing’s new proposal would allow it to suspend trading in companies whose auditors gave an adverse opinion or if they add disclaimers to financial statements. Photo: Xiaomei Chen

Does Hong Kong’s proposed suspension rule give regulators enough teeth to eject errant firms?

  • David Graham, HKEX’s head of listing, says the new suspension proposals are aimed at protecting investors
  • Under the proposal a company’s shares can be suspended from trading if the auditor gives disclaimed or an adverse opinion on the financial statement
Topic |   Financial regulation

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Hong Kong Stock Exchanges and Clearing’s new proposal would allow it to suspend trading in companies whose auditors gave an adverse opinion or if they add disclaimers to financial statements. Photo: Xiaomei Chen
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