他又提到，香港将于2026年初起过渡至无纸证券市场，Computershare将协助约1100个符合资格的发行 人客户及逾160万个投资者账户转换至无纸证券市场新制度。此外，公司正申请成为核准证券登记机 构。 智通财经APP获悉，香港新股市场火热，香港中央证券登记有限公司(Computershare)亚洲发行人服务行 政总裁熊瑞律(Richard Houng)表示，目前就香港上市计划作出查询报价的公司数量"多得惊人"，亦较去 年多出很多，已可以推算到未来会如何忙碌。 Computershare位于湾仔的投资者服务柜台目前已完成升级，并已开放为股东提供查询及文件登记，工 作人员可协助投资者提供股份转让、领取股票证书等与持股相关的各类服务。此外，新设计的服务柜台 设有票务系统以改善时间管理，并设有投资者教育空间，为明年无纸证券市场的启动作准备。 Richard指，对未来新股市场仍有正面的憧憬。目前公司的项目管线里，有一些主要、且多为人熟知的 公司准备来港上市。至于明年会否出现宁德时代般的超级IPO，取决于市场气氛。 Richard表示，自2016年以来，Computershare每年处理逾70%的香港IPO及IP ...

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) is launching a new communication platform called "Hong Kong Stock Exchange Connect" (Connect) to enhance interaction between listed issuers and HKEX, and to modernize the market infrastructure in Hong Kong [1][2]. Group 1: Platform Features - "Connect" is a secure web-based electronic platform that allows listed issuers to make public disclosures, submit case materials, and communicate with HKEX, replacing current email exchanges and electronic form submissions [3]. - The platform will feature a user-friendly interface with information alerts, workflow tracking, guidance, and automated reminders to assist issuers in meeting their compliance and reporting requirements [4]. - The platform is expected to be free of charge for issuers, as HKEX has indicated it will not impose fees for using the issuer platform [3]. Group 2: Implementation Timeline - The platform is scheduled to officially launch in 2026, with a trial version available in the second half of 2025 for users to familiarize themselves with its functionalities [4]. - Guidelines for account opening and user registration will be released by the end of 2025, with phased implementation for document submission starting in the second quarter of 2026 [4]. Group 3: Regulatory Changes - The introduction of "Connect" is part of HKEX's initiative to enforce mandatory electronic submission of documents, contributing to the establishment of a paperless securities market [5][7]. - Currently, while most documents can be submitted electronically, some still require physical copies, particularly for new listings or certain approval processes [6]. - HKEX plans to mandate that all documents be submitted electronically through "Connect," eliminating the requirement for multiple copies of the same document [7].

Core Viewpoint - The Hong Kong Securities and Futures Commission (SFC) has released a consultation summary regarding fee caps for paperless securities, with most participants supporting the proposed fee limits, which are seen as fair and transparent, benefiting small shareholders and facilitating the development of the paperless securities market [1] Group 1: Consultation Summary - The consultation received 11 responses, indicating broad support for the proposed fee limits, which are expected to simplify cost estimation and promote the paperless securities market [1] - The SFC is in the process of incorporating the proposed fee limits into the "Code of Conduct for Approved Securities Registrars" [1] - The SFC has updated its dedicated webpage on paperless securities, including information on the fee limits in the FAQ and consultation document sections [1] Group 2: Specific Fee Limit Proposals - Most respondents supported a fee cap of HKD 50 per USI facility, considering it reasonable and affordable for general investors, which may encourage early participation in the paperless securities market [2] - The proposed fee cap of HKD 5 per ownership document (with a minimum charge of HKD 20) was also deemed reasonable and transparent by the majority, although one respondent noted that it could be burdensome for investors with many ownership documents [2] - There was general support for a fee cap of 0.02% of transaction value with a minimum charge of HKD 20, aligning with the "user pays" principle, while some respondents expressed concerns that the proposed limits could significantly increase costs for large transactions [2]