The Securities and Futures Commission (SFC) of Hong Kong and the Securities Commission Malaysia (SC) today announced a simplified regulatory process and submission arrangement to facilitate companies listing simultaneously 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 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 need only submit one listing application and one listing document.

The measure is expected to reduce duplicative regulatory processes and compliance costs during the IPO application stage.

Key features of the streamlined dual listing framework

Single listing document: Applicants can use one listing document to meet the statutory requirements and listing rules of both markets at the same time.

Single application submission: Applicants intending to pursue a dual listing in Hong Kong and Malaysia simultaneously can submit their listing applications through a centralised and coordinated process, without the need to file separate applications in the two markets.

Dedicated dual listing review teams: The two regulators have established dedicated teams and communication channels as direct points of contact for applicants and their advisers, to ensure 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 put in place a coordinated review process to align timelines, minimise duplication of work and streamline the process for raising enquiries with applicants.

Julia Leung, Chief Executive Officer of the SFC, said: "Following the signing of our landmark Memorandum of Understanding earlier, the timely launch of this follow-up arrangement fully reflects 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, enabling 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 official launch of this framework reflects the close regulatory partnership between the SC and the SFC, as well as our shared commitment to promoting closer capital market linkages."

He added: "By streamlining regulatory procedures and reducing duplicative filings, this measure will help increase opportunities for companies to participate in cross-border fundraising and reach 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."