Hong Kong Considers New OTC Stock Market for Delisted Companies

OTC Markets Group Welcomes Karbon-X Corp. to OTCQX

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Karbon-X Corp. (OTCQX: KARX), a sustainability-focused company, has qualified to trade on the…

HKEX plans OTC market for delisted stocks

Bloomberg Hong Kong is drafting rules for an over-the-counter market for delisted shares to give investors at risk of owning a growing pile of nearly worthless securities a chance of recouping some losses. The city's stock exchange and regulator are working on a blueprint for what is commonly...

Hong Kong Considers New OTC Stock Market for Delisted Companies

Hong Kong is drafting rules for an over-the-counter market for delisted shares to give investors at risk of owning a growing pile of nearly worthless securities a chance of recouping some losses.

Bloomberg reported that people familiar with the matter revealed that Hong Kong is studying the establishment of an over-the-counter trading market for delisted stocks so that investors holding securities with almost zero value have the opportunity to recover some of their losses.

Help: I own a delisted ASX company! What can I do?

If you own shares in a delisted ASX company, you’re probably wondering what to do. Some stocks have a happy ending in being taken over at a healthy premium, but some end up going bankrupt and leaving shareholders having lost all their money. But it may not be the end of everything for investors even…

Behind the scenes of Synagistics’ historic de-SPAC listing

When Synagistics decided to pursue a Hong Kong de-SPAC transaction, it marked a historic milestone not only for the company but for the city’s de-SPAC regime. As the first de-SPAC there, Synagistics’ listing offers valuable insights for startups considering a similar journey and underscores the uniqueness of Hong Kong’s de-SPAC framework. For Synagistics, its de-SPAC last October represented a strategic opportunity for the Singapore-based data-d…