The Hong Kong Securities and Futures Commission continues to strengthen IPO regulation, with book building and distribution as the next focus of enforcement.

According to the China Times Financial App, as reported by media citing informed sources, Hong Kong's new stock market is currently booming, and the Securities and Futures Commission of Hong Kong is continuing to strengthen its regulation of the IPO process. It has now identified bookbuilding and IPO allocations as the next key enforcement areas. Sources say that the Securities and Futures Commission of Hong Kong has found instances of unfair allocation in the market, including some orders allegedly funded by related parties of the issuer or its major shareholders, artificially boosting market demand.