HKEx and TWSE Sign MOU on Regulatory Information Sharing
Hong Kong Exchanges and Clearing Limited (HKEx) and Taiwan Stock Exchange Corporation (TWSE) Thursday, May 12 signed a Memorandum of Understanding (MOU) on the sharing of regulatory information.
In light of the increasing number of companies dually listed in Hong Kong and Taiwan, HKEx and TWSE entered into the MOU to further cooperate with each other to facilitate the proper regulation of these companies in their respective markets in the interest of fulfilling the two exchanges’ respective regulatory responsibilities. At present, 16 Hong Kong-listed companies have also listed depositary receipts on TWSE.
Under the MOU, HKEx and TWSE will share regulatory information including trading suspensions and resumptions relating to the dually listed companies.
The MOU was signed by HKEx Chief Executive Charles Li and TWSE Chairman Chi Schive. The signing ceremony was held at HKEx’s Viewing Gallery.