HKEx responds to merger rumors: it will continue to study and optimize the listing mechanism to ensure that it keeps pace with the times

The Zhitong Finance App learned that news recently broke in the market that the Hong Kong Stock Exchange is studying the establishment of a new section in the listing rules and plans to merge GEM with the main board. The relevant plan is expected to be discussed by the public before the end of this year. In response, on August 27, the Hong Kong Stock Exchange said that the Hong Kong Stock Exchange has implemented the first phase of measures to enhance the competitiveness of the listing mechanism and has received widespread support from the market, further consolidating Hong Kong's appeal as the world's preferred capital raising market.

The relevant person in charge of the Hong Kong Stock Exchange said, “We will continue to study more measures to optimize the listing mechanism to ensure that it keeps pace with the times and meets the needs of market development, and will announce relevant progress in due course.”

According to reports, the Hong Kong Stock Exchange completed the first phase of the reform of the listing mechanism in July of this year, and the revised “Listing Rules” have come into effect, covering the optimization of the three major directions of initial listing arrangements, companies with different shares and overseas listed issuers.