Poll results: Financial Reporting

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Poll results: Financial Reporting

Current time:	2023-04-02 19:24:40
Closing time:	2007-11-05 12:00:00
Time remaining:	Poll closed

Introduction

Please read our article on the Stock Exchange's financial reporting proposals, and then answer the following questions in our poll. If you have any additional views, then please make a direct submission to pfr@hkex.com.hk.

1. What should the deadline be for annual audited financial statements?

Answer	Responses	Share
60 days / 2 months	251	52.8%
90 days / 3 months	195	41.1%
4 months (current deadline)	29	6.1%
Total	475	100.0%

2. Do you agree that quarterly reports should be mandatory?

Answer	Responses	Share
Yes	432	90.6%
No	45	9.4%
Total	477	100.0%

3. Do you agree that 1st and 3rd quarter reports, if introduced, should have the same format as interim (2nd quarter) reports?

Answer	Responses	Share
Yes	412	89.4%
No	49	10.6%
Total	461	100.0%

4. Do you agree that the very condensed financial statements proposed by SEHK are unacceptable, and that the 3 quarterly financial statements should follow the annual format with exclusions as proposed in our article?

Answer	Responses	Share
Yes	388	86.4%
No	61	13.6%
Total	449	100.0%

5. Do you agree that all companies should comply with the new requirements at the same time?

Answer	Responses	Share
Yes	417	90.1%
No	46	9.9%
Total	463	100.0%

6. Do you agree that all requirements should take effect for periods ending on or after 30th June 2008?

Answer	Responses	Share
Yes	402	88.5%
No	52	11.5%
Total	454	100.0%

7. Do you agree that quarterly reports should just be filed electronically, not printed and mailed too?

Answer	Responses	Share
Yes	370	79.9%
No	93	20.1%
Total	463	100.0%

8. Do you agree that hard-copy mailing lists should move to an opt-in basis as proposed in our article?

Answer	Responses	Share
Yes	438	94.4%
No	26	5.6%
Total	464	100.0%

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