The Chamber welcomes the SFC's proposed amendments to the Securities and Futures (Stock Market Listing) Rules and their objectives of enhancing market efficiency, transparency, investor protection, and accountability. We agree in general with the proposals, viewing them as in line with international regulatory developments, whilst also offering suggestions to enhance their effectiveness. Recommendation is also given to the measured usage of SFC’s post-listing powers, which should be reserved for situations where there is clear risk of harm to the investing public, to preserve Hong Kong’s attractiveness for quality listings.