Monday, February 25, 2013

Improvements urged on disclosure quality





The chairman of the securities regulator hopes Hong Kong-listed companies will disclose more relevant details in their corporate announcements more promptly, so as to match the best international practices.


Carlson Tong Ka-shing, chairman of the Securities and Futures Commission, said listed companies needed to make more of an effort to disclose meaningful price-sensitive information, although they had improved a lot after a new disclosure law took effect on January 1.









via Business feed http://www.scmp.com/business/banking-finance/article/1157771/improvements-urged-disclosure-quality

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