On 16 December 2022, the Stock Exchange of Hong Kong Limited (the “Exchange”) published a consultation paper (“Consultation”) seeking market views and comments on proposals to expand the paperless listing regime and other rule amendments. The deadline for submissions is 28 February 2023.
Following the Listing Rules amendments on paperless listing and subscription regime, online display of documents and reduction of the types of documents on display which took effect in 2021, the Exchange continued to review on other documentary requirements to further simplify the administrative procedures and reduce the use of paper.
In this Consultation, the Exchange proposed the following changes to expand the paperless listing regime:
- Streamlining the document submission process
- Electronic dissemination of corporate communications
- Simplification of Listing Rules appendices
