At the end of last month, the Hong Kong Stock Exchange published a consultation paper seeking feedback on a proposed suspension requirement for listed companies with a “disclaimer or adverse audit opinion on their financial statements”. read
Earlier this month, the Singapore Exchange (SGX) announced that it was seeking feedback from market participants on whether to retain quarterly reporting, which the bourse first introduced in 2003. read
The filing of form S-1, the draft registration statement for the proposed $3bn New York IPO of Snap, the $25bn parent company of messaging app Snapchat, was full of surprises — not all of them good for investors. If anything, it also showed that Hong Kong will, most likely, never be able to compete with the US exchanges when it comes to listing unicorns. read
