HKEx Mulls Offering More Services To Mainland Issuers

by Mary Swire, for LawAndTax-News.com, Hong Kong

28 July 2006

Hong Kong Exchanges and Clearing Chairman Ronald Arculli revealed this week that the body may consider providing more services to Mainland issuers to help them understand its rules and regulations better.

Launching the latest issue of HKEx's quarterly newsletter on Wednesday, Mr Arculli stated that his priority is to uphold the interests of shareholders and those of the investing public. HKEx can secure good returns for its shareholders by improving its services, he added.

"Organically growing quality products and services, both to issuers and investors, will ultimately set our Exchange apart from others," he predicted, continuing:

"One of the areas we might consider improving is to provide more services to Mainland issuers so they are well acquainted with our rules and regulations."

HKEx will also continue its marketing and promotional activities on the Mainland and elsewhere to attract potential issuers and investors, Mr Arculli revealed, announcing that:

"I hope HKEx can take advantage of the many significant opportunities presented to it in the future, particularly given our strong relationship with the Mainland."

"We will be exploring this room for development and other opportunities in the next three-year strategic plan, which the board and management are in the process of formulating, as the existing one comes to a successful completion."

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