Securities Market

106.    Last year, Hong Kong ranked first globally in terms of funds raised through initial public offerings, which amounted to $260 billion, representing an increase of 12 per cent over 2014.  Given the size and complexity of the securities market, we need to constantly review the relevant regulatory regimes, streamline procedures and enhance market efficiency and quality to reinforce Hong Kong's status as the premier capital formation centre.  SFC and the Hong Kong Exchanges and Clearing Limited are planning to conduct shortly a joint public consultation exercise on enhancing the regulatory structure in respect of listing matters.