Hong Kong Exchanges and Clearing (HKEX) is set to proceed with listing reforms that will allow confidential filings and lower the market capitalisation requirement for start-ups.
The reform, which is part of HKEX's plan to increase international competitiveness, resulted from months-long consultations with market participants starting in March.
The announcement is expected by the end of this month, according to two sources who informed the South China Morning Post about the plans.
