The proposal from HKEX would cut the waiting time between the pricing of an IPO and the trading debut of the shares. Photo: Reuters
Hong Kong stock exchange aims to modernise IPO process, slashing times for debutants to list as it strives to protect global crown
- Proposed new electronic platform would shorten the gap between an IPO being priced and its trading debut from five business days to just one day
- The proposal by the stock exchange operator would improve market efficiency and reduce risks, according to analysts
The proposal from HKEX would cut the waiting time between the pricing of an IPO and the trading debut of the shares. Photo: Reuters