Abstract

Integration of Stock Markets of Russia and Southeast Asia

Highlights

  • The† increasing role of stock markets is an inseparable aspect of the contemporary economy, having a global significance as part of financial markets

  • The discordance is not critical and conceptually important, without seriously hampering its elimination

  • As part of the research, we revealed dominating aspects of the current global and national trends in the development

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Summary

Introduction

Hong Kong Stock Exchange Information on commercial activities for three most recent financial years The stable and unchanged composition of officers for three preceding financial years The stable and unchanged composition of owners and controlling persons within at least one financial year before an IPO At least 25 percent of freely floating shares or 15–25 percent of shares in case of capitalization exceeding HKD 10 billion (about USD 1.3 billion) At least 300 shareholders Three independent directors, who are not members of the company's management, including one director certified in accounting or financial management Audit committee

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