Hong Kong Seeks to Ease IPO Requirements to Regain Luster [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
offerings, at a time when the city is trying to revamp its stock market after a challenging environment for Chinese shares. Most Read from Bloomberg NYPD Car Chases Are Becoming More Frequent — and More Dangerous Hong Kong Exchanges & Clearing Ltd. on Thursday asked the market for feedback on measures including those that would reduce the duration cornerstone investors have to hold on to their IPO shares and ease the path for companies listed in mainland China to offer shares in the city, according to a consultation paper published on Thursday. The exchange is proposing a “staggered release,” through which half of the stock allocated to cornerstone investors would be unlocked after three months and the rest eligible to be sold after six. They have typically had to keep shares for at least six months in return for guaranteed allocation in an IPO. Reducing the lockup could make it more enticing for prospective investors to be cornerstones, particularly when markets are volatile.
Show less
Read more
Impact Snapshot
Event Time:
HKXCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HKXCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HKXCY alerts
High impacting HONG KONG EX&CL UNSP/ADR news events
Weekly update
A roundup of the hottest topics
HKXCY
News
- Metals Push Higher With Focus on Outlook for China as 2025 Opens [Yahoo! Finance Canada]Yahoo! Finance Canada
- Metals Push Higher With Focus on Outlook for China as 2025 Opens [Yahoo! Finance]Yahoo! Finance
- Iron Ore to Cap Worst Annual Drop Since 2015 on China's Slowdown [Yahoo! Finance Canada]Yahoo! Finance Canada
- Iron Ore to Cap Worst Annual Drop Since 2015 on China's Slowdown [Yahoo! Finance]Yahoo! Finance
- World's Largest Modular Student Residence Opens in Hong Kong CIMC Sets Benchmark for Construction Efficiency and Sustainability [Yahoo! Finance]Yahoo! Finance