Hong Kong listing consultation deadline extended by regulator

Summer period and wide range of views cited as key reasons to extend deadline.

Hong Kong regulators have extended a consultation on reforming the City’s listing rules to give stakeholders more time to submit their feedback.

The Securities and Futures Commission (SFC) and Hong Kong Exchanges & Clearing issues a joint statement saying the deadline for submissions to the consultation would be extended to 18 November.

Both parties said the wide range of views expressed since it initially published the consultation paper and the deadline’s proximity to the summer period warranted an extension to ensure all relevant stakeholders had time to submit a proper response.

The proposal to change the listing regime for Hong Kong’s stock market was first proposed in June and is set to reduce the exchange’s powers, handing many of them to the SFC.