https://www.scmp.com/rss/509580/feed Alvin M. Ho, CFA, is a managing director of a private investment vehicle, and vice-president and society secretary of CFA Society Hong Kong. He is board member of several listed companies, and also a member of the investment committee for AngelHub, Hong Kong's first SFC regulated investment platform. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Last year Hong Kong Exchanges and Clearing consulted the public on raising the profit requirement for listing on the main board of the stock exchange. One of the key reasons for the proposed increase is to reduce the implied historical price-to-earnings (P/E) ratios of listing applicants that only just meet the minimum profit and market capitalisation requirement. The exchange may be exaggerating the importance of historical P/E ratios. A historical P/E ratio derived from the historical profit... https://www.scmp.com/comment/opinion/article/3128743/why-hong-kongs-stock-exchange-should-not-raise-profit-requirement?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3128743/why-hong-kongs-stock-exchange-should-not-raise-profit-requirement?utm_source=rss_feed Fri, 09 Apr 2021 08:30:11 +0000