25th June 2026

The compliance countdown – what listed companies must do before USM goes live on 16 November 2026

Hong Kong's Uncertificated Securities Market (USM) launches on 16 November 2026. With fewer than five months remaining, listed companies face a compressed timeline to amend constitutional documents, appoint Approved Securities Registrars (ASR) and overhaul shareholder meeting and communication procedures. Here is the critical path for boards and company secretaries.