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HKEx Welcomes Government Consultation Conclusions on Proposed Statutory Backing to Price Sensitive Information Disclosure Requirements

Corporate
Regulatory
11 Feb 2011

Hong Kong Exchanges and Clearing Limited (HKEx) welcomes today’s (Friday) publication of the Government’s Consultation Conclusions on the Proposed Statutory Codification of Certain Requirements to Disclose Price Sensitive Information by Listed Corporations (the Consultation Conclusions) and the Government’s decision to take the proposal forward.

"Implementation of a statutory obligation to disclose price sensitive information is strongly supported by the Listing Committee. This is a positive step towards implementation.” said Mark Dickens, HKEx’s Head of Listing.

"At an appropriate stage, we will consult the market on consequential amendments to relevant parts under the Listing Rules,” Mr Dickens added.

The Consultation Conclusions are available at the Financial Services and the Treasury Bureau website.


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Updated 11 Feb 2011