Reining In IPO Sponsors In Hong Kong

Law360, New York (June 19, 2012, 4:19 PM EDT) -- Hong Kong has become one of the world’s leading destinations for initial public offerings and has recently experienced record years in terms of the number of listings and overall deal value. The Hong Kong market has also experienced an increasing number of problematic situations involving recently listed companies that have prompted initiatives toward regulatory reform.

One area of concern for Hong Kong regulatory authorities has been the quality of listed issuers and the vetting process undertaken by IPO sponsors during the listing process.

Following on the...
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