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Regulatory tightening in Hong Kong sees delistings outnumber resumptions: report
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…