(March 13): Hong Kong plans to expand its “name-and-shame” regime for sloppy listing applications to include law firms and auditors, stepping up a campaign to improve the quality of initial public offerings (IPO) in the city. Currently, the exchange only identifies the listing applicant and sponsoring banks when a filing is returned. The move comes as Hong Kong seeks to bolster its reputation as a global financial hub by ensuring higher disclosure standards. Others that would be singled out are industry consultants, experts who have consented to include their comments in the listing applications and promoters of SPAC transactions. The audit regulator also urged the industry to better safeguard quality of IPOs.
Source: The Edge Markets March 13, 2026 07:25 UTC