Hong Kong extends electronic submissions

Following the publication of consultation conclusions on electronic prospectuses on 26 November 2010, which were reported earlier on this blog, HKEx has further amended its listing rules on 15 December. This allows issuers to no longer submit printed copies of various documents to the Exchange.The new documents that can be submitted in electronic form include financial reports, takeover documents, circulars for repurchase mandates (and the corresponding resolutions passed at general meetings), as well as documents issued to holders of interests in collective investment schemes.

The new rules will come into effect on 1 January 2011 and apply both to the Main Board and to GEM.