Excerpt:
Hong Kong's bourse and securities regulator on Friday moved to shorten the approval time for company listings, the latest effort to boost the attractiveness of Hong Kong as a global venue for initial public offerings (IPO). Hong Kong Exchanges and Clearing [...] said it would communicate closely with the Securities and Futures Commission (SFC) to keep the timeframe for flagging concerns on listing applications to within 40 working days, according to a joint statement from HKEX and SFC. [...]