HK plans to shorten IPO settlement time to as little as one day

HK plans to shorten IPO settlement time to as little as one day

Hong Kong. Source: Ruslan Bardash/Unsplash

Hong Kong plans to shorten the time lag between an initial public offering (IPO) being priced and when the company’s shares start trading to as little as one day from the current average of more than five working days.

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