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Market Chatter: Hong Kong Listed Companies Group Pushes to Improve Stock Liquidity

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The Chamber of Hong Kong Listed Companies is stepping up efforts to address low trading activity in many Hong Kong-listed stocks, arguing that limited liquidity is making it more difficult for companies to conduct secondary fundraising, Bloomberg News reported Monday.

Chairman KC Chan said the chamber plans to work with more than 1,000 listed companies, including overseas issuers, to help broaden investor engagement and market visibility, according to the report.

A newly formed advisory group within the chamber will provide support to companies pursuing fundraising activities in Hong Kong, the report added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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