HONG KONG • Hong Kong's stock exchange is looking at speeding up the process of getting initial public offerings (IPOs) from pricing to trading, a move that would bring the world's biggest listing market more in line with rival bourses.
Hong Kong Exchanges and Clearing (HKEX) will meet brokers this week to discuss the proposal on cutting the IPO settlement cycle from the current five days, said people familiar with the matter, who asked not to be named. It will formally consult the market in the coming weeks if there are no major objections, the people said.
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