Hong Kong Exchanges and Clearing (HKEx) and the Taiwan Stock Exchange Corporation (TWSE) have signed a memorandum of understanding (MoU) on the sharing of regulatory information.
In light of the increasing number of companies dual-listed in Hong Kong and Taiwan, HKEx and TWSE entered into the MoU to further cooperate with each other and to facilitate the proper regulation of dual-listed companies in their respective markets, in the interest of fulfilling the two exchanges' respective regulatory responsibilities.
At present, 16 Hong Kong-listed companies have listed depositary receipts on TWSE.
Under the MoU, HKEx and TWSE will share regulatory information including trading suspensions and resumptions relating to the dual-listed companies.
The MoU was signed by HKEx chief executive Charles Li and TWSE chairman Chi Schive.