Hong Kong Securities and Futures Commission and the Securities Commission Malaysia announce a single submission arrangement to streamline the process for companies seeking dual listings in both markets

The Securities and Futures Commission (SFC) of Hong Kong and the Securities Commission Malaysia (SC) today announced streamlined regulatory procedures and submission arrangements to facilitate simultaneous listings of companies in Hong Kong and Malaysia. The launch of the single submission arrangement implements the streamlined dual initial public offering (IPO) listing framework set out in the Memorandum of Understanding (MoU) signed by the two regulators on 23 July 2026. Under the arrangement, applicants seeking a primary listing on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK) or the Main Market of Bursa Malaysia Securities Berhad, and a simultaneous secondary listing in the other market, will only need to submit one listing application and one listing document. The measure is expected to reduce duplicative regulatory processes and compliance costs at the IPO application stage. Key features of the streamlined dual listing framework include: Single listing document: Applicants can use a single listing document to meet the statutory requirements and listing rules of both markets simultaneously. Single application submission: Applicants intending to pursue a dual listing in both Hong Kong and Malaysia can submit their listing applications through a centralised and coordinated process, without the need to submit separate applications in each market. Dedicated dual listing review teams: The two regulators have established dedicated teams and communication channels to serve as direct points of contact for applicants and their advisers, ensuring coordinated regulation, proactive case management and smooth cross-agency processing throughout the listing process. Coordinated regulatory review: The SFC, the SEHK and the SC have established a coordinated review process to align timelines, minimise duplicative work and streamline the process for raising enquiries with applicants. Ms Julia Leung, Chief Executive Officer of the SFC, said: "Following the signing of the landmark MoU earlier, the timely launch of this follow-up arrangement fully demonstrates our shared vision of deepening capital market connectivity in the region and creating prosperity together." She added: "We have established clear, convenient pathways and coordinated regulatory procedures that allow companies in both markets to access a more diverse international investor base and a larger pool of capital, while maintaining robust investor protection." Dato' Mohammad Faiz Azmi, Chairman of the SC, said: "The operationalisation of this framework reflects the strong regulatory partnership between the SC and the SFC, as well as our shared commitment to fostering closer capital market linkages." He added: "By streamlining regulatory processes and reducing duplicative filings, this measure will help increase corporate access to cross-border fundraising opportunities and a broader investor base. Connecting Malaysia with Hong Kong, the world's third largest international financial centre, will further enhance the attractiveness of both markets as investment destinations."