Hong Kong Seeking Depository Listings

May 2008 | Top Stories

The Hong Kong stock exchange is now aiming to tap into the growing number of Asian companies raising funds outside of their home country through so-called depository receipts. The stock exchange announced that it was developing a platform for listing depository receipts in mid-2007, stating that the system was expected to be in place by the end of Q308. CFW believes interest in depository listings may be limited initially due to continued global risk aversion, but should rise as market conditions improve.

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