Analyses | Public administration and legal system | 2016-07-16 | HKET

Tightening backdoor listings: Can it curb speculative trading effectively?

In view of possible speculation around backdoor listings, an alternative means of going public on a stock exchange, the Hong Kong Exchanges and Clearing issued a new directive to regulate shell companies. Is this effective enough to avoid speculative trading and maintain market quality?

The full version of the commentary is in Chinese only.