Hong Kong Moves to Speed Up IPOs

The Wall Street Journal

12 Jul 2021

Hong Kong’s stock exchange is moving to speed up initial public offerings, overhauling a system where investors must wait at least a week for a newly priced stock to start trading.

The long time lag relative to the U.S. markets—where stocks typically begin changing hands a day after an IPO is priced—increases the risk of market sentiment souring due to external events.

Read the full article here.