Regulatory tightening in Hong Kong sees delistings outnumber resumptions: report

The tightening of Hong Kong’s securities regulations – in the wake of property developer Evergrande’s liquidation and unrelated IPO frauds – has resulted in more delistings than resumptions for the first time in three years, according to a report by accountants Grant Thornton. Hong Kong saw 35 delistings in the 12 months to August this year but only 21 resumptions, the report said. “Regulators have comprehensively tightened resumption requirements,” said Barry Tong, national leader of forensic... [Image text:] HHKER FXTOPTOCOSERS 06918 0.111 2% 02932 0.011 214 02927 0.051 01452 0.064 02295 RAOCERY 2400 0.176 F20.00 00797 0.900 1632 00180 KADERHOLDNGS 0.290 F18.308 02215 DEXNSER GROUPE 0.810 1164 00565 ARTOROUPHOLD 1.070