Hong Kong to expand ‘name and shame’ list to IPO lawyers

Kiuyan Wong / Bloomberg03-13

Hong Kong plans to expand its “name-and-shame” regime for sloppy listing applications to include law firms and auditors, stepping up a campaign to improve the quality of IPOs in the city.(March 13): ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2619117102?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-13 07:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2619117102","market":"other","top_or_hot":-1,"title":"Hong Kong to expand ‘name and shame’ list to IPO lawyers","media":"Kiuyan Wong / Bloomberg","content":"<div>\n<p>Hong Kong plans to expand its “name-and-shame” regime for sloppy listing applications to include law firms and auditors, stepping up a campaign to improve the quality of IPOs in the city.(March 13): ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/ipo/hong-kong-expand-name-and-shame-list-ipo-lawyers?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong to expand ‘name and shame’ list to IPO lawyers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong to expand ‘name and shame’ list to IPO lawyers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-13 07:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/ipo/hong-kong-expand-name-and-shame-list-ipo-lawyers?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Kiuyan Wong / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong plans to expand its “name-and-shame” regime for sloppy listing applications to include law firms and auditors, stepping up a campaign to improve the quality of IPOs in the city.(March 13): ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/ipo/hong-kong-expand-name-and-shame-list-ipo-lawyers?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IPO","symbol_name":"Renaissance IPO ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/news/ipo/hong-kong-expand-name-and-shame-list-ipo-lawyers?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2619117102","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/ipo/hong-kong-expand-name-and-shame-list-ipo-lawyers?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2619117102","pubTimestamp":1773357825,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Hong Kong plans to expand its “name-and-shame” regime for sloppy listing applications to include law firms and auditors, stepping up a campaign to improve the quality of IPOs in the city.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IPO":"Renaissance IPO ETF"},"translate_title":"香港将“点名羞辱”名单扩大到IPO律师","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IPO":1},"content_text":"Hong Kong plans to expand its “name-and-shame” regime for sloppy listing applications to include law firms and auditors, stepping up a campaign to improve the quality of IPOs in the city.(March 13): Hong Kong plans to expand its “name-and-shame” regime for sloppy listing applications to include law firms and auditors, stepping up a campaign to improve the quality of initial public offerings (IPO) in the city.\nUnder a new enhanced return mechanism proposed by Hong Kong Exchanges & Clearing Ltd on Friday, all professional parties involved in a deal will be publicly identified if a listing application is rejected for being “not substantially complete.”\nThe proposal, unveiled in a market consultation paper, marks an escalation in regulatory pressure as IPOs have boomed in the city, making it the world’s biggest listing venue last year. Currently, the exchange only identifies the listing applicant and sponsoring banks when a filing is returned.\nThe bourse operator is looking to increase accountability across the entire IPO pipeline, arguing that broader public exposure will act as a more effective deterrent against substandard work.\nLaw firms and reporting accountants would join sponsors in the public spotlight if a filing fails to meet basic standards, in order to provide an incentive for all parties to ensure documents are “ready-to-publish” upon submission. \nThe move comes as Hong Kong seeks to bolster its reputation as a global financial hub by ensuring higher disclosure standards. By including legal and accounting advisers in the public record of failed applications, the exchange aims to force more rigorous due diligence before filings ever reach the regulator’s desk.\nOthers that would be singled out are industry consultants, experts who have consented to include their comments in the listing applications and promoters of SPAC transactions.\nThe public has until May 8 to submit comments. \nAt the same time, the exchange proposed a number of moves to ease listings in the city, including lowering the minimum market value for dual-class shares, allowing all companies to file listing applications confidentially and expanding eligibility to a wider array of innovative business models.\nThe local regulator has also increased scrutiny over bankers’ work on IPOs, asking for improvement plans and capped the number of deals principal bankers can sign off at one time. \nThe audit regulator also urged the industry to better safeguard quality of IPOs. \nUploaded by Evelyn Chan","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2619117102","isCrawlerRequest":true}