Hong Kong Needs a Vibrant SME Fundraising Board, says SFC’s Julia Leung

Speaking about a “Sustainable and Healthy Ecosystem for the Small-cap Stock Segment of Hong Kong Market”,[1] SFC Chief Executive Officer, Ms. Julia Leung, emphasised the need for Hong Kong to develop a sustainable small-cap stock market to meet the needs of small and medium-sized enterprises (SMEs) and investors. Noting the commitment in this year’s Budget to put forward reform recommendations for GEM this year[2] to address the funding needs of SMEs and start-ups, Ms Leung expressed the need for Hong Kong to “restore investor confidence and the original intent of a junior board for quality growth enterprises”.