SFC’s Bookbuilding Conduct Requirements and the related HKEX Listing Rule requirements
The webinar delves into a series of crucial topics related to Hong Kong Initial Public Offerings (IPOs) and market practices. It includes an introduction and overview of the regime governing book-building on HK IPOs, an exploration of the Securities and Futures Commission’s (SFC) concerns regarding Hong Kong equity and debt capital markets, as well as problematic market practices. Additionally, the webinar covers amendments to the Hong Kong Exchanges and Clearing Limited (HKEX) Listing Rules that are consequential to the SFC’s book-building conduct requirements. Other amendments to the HKEX Listing Rules that do not involve changes in policy, such as the unification of Main Board and Growth Enterprise Market (GEM) websites, are also discussed. The webinar further addresses transitional arrangements for the changes in the HKEX Listing Rules, providing participants with a comprehensive understanding of these regulatory updates within the Hong Kong capital markets.