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Stock impact report

Bonnie Chan lauds 'resilience' of HKEX as new listing rules boost pace of Hong Kong's IPOs [Yahoo! Finance]

HONG KONG EX&CL UNSP/ADR (HKXCY) 
NASDAQ:AMEX Investor Relations: hkexgroup.com/investor-relations?sc_lang=en
Company Research Source: Yahoo! Finance
"We are vetting about 110 listing applications, many of them coming in the second quarter," Bonnie Chan Yi-ting said in an interview with the Post, a week after her 100th day as chief executive officer of Hong Kong Exchanges and Clearing (HKEX), the world's fourth-largest capital market. "The pipeline is very healthy." As many as 70 listing applications have been submitted so far this year, 46 per cent more than the second half of 2023, she said. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Hong Kong's capital market, which had wallowed in a bear market for three years during the Covid-19 pandemic, has picked up since Chan's appointment. The city's benchmark Hang Seng Index rose 11 per cent in her first 100 days, while the market's average daily turnover jumped 35 per cent to HK$1 Show less Read more
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