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Status report on new product and market development initiatives (Status as of 15 January 2004).

Publication: M2 Presswire
Publication Date: 30-JAN-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 January 2004-Hong Kong Exchanges and Clearing Limited: Status report on new product and market development initiatives (Status as of 15 January 2004)(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:01302004

The following initiatives are subject to market support and regulatory approval so they may not be implemented. HKEx will announce further details of these initiatives as they progress.

Initiative

Status on 15 October 2003

Status on 15 January 2004

1. Consultation on proposed amendments to the Listing Rules relaing to Corporate Governance issues

Proposed amendments to the Listing Rules relating to corporate governance issues

A report on conclusions from the market consultation was issued on 17 January 2003. Rule amendments were considered by the Listing Committee in mid-August 2003. A small number of outstanding items are due for consideration by the Listing Committee early in the fourth quarter of 2003. HKEx will update the market on the issues thereafter.

The amended Listing Rules relating to the corporate governance issues are expected to be announced in the first quarter of 2004.*

Exposure of draft code on...

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