China Pushes Banks To Expedite Hong Kong Listings

2024-12-09 94

Chinese regulators and Hong Kong authorities are urging major global investment banks to expedite listings for Chinese companies in Hong Kong to boost overseas fundraising and support China's economy. The China Securities Regulatory Commission and Hong Kong’s stock exchange have met with financial heavyweights such as JPMorgan, Morgan Stanley, and Goldman Sachs to streamline listing processes and identify bottlenecks. Regulators aim to prioritize high-profile deals to revive market sentiment.