ASIA REGULATORY ROUND UP – HONG KONG STOCK EXCHANGE BACKS CHINA’S ‘BELT AND ROAD’ INITIATIVE
April 1st, 2017
HONG Kong’s Securities and Futures Commission (SFC) will ease listing requirements for certain infrastructure companies, notably those involved in projects aiding the Chinese government’s Belt and Road Initiative. This aims to promote transport infrastructure helping move Chinese goods to central Asia, southeast Asia, Africa and Europe. An SFC statement listed factors that may mitigate perceived risk reducing the likelihood of listing application objections. These include listing bids from a China mainland, development or international bank providing ongoing ...
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