Hong Kong Exchanges and Clearing will widen its information distribution in the wake of Wednesday's hacking of its website, HKEx Chief Executive Charles Li told reporters Thursday.
Speaking to the media, Li said its HKExnews website has been under sustained attack since Wednesday noon. The attacks are only on its Internet news website. Derivatives and clearing systems are not affected.
HKEx adopted a half day suspension policy for issuers announcing price-sensitive information on the website during the lunch publication window yesterday. The trading suspension policy aimed to give all investors sufficient time to understand the contingency arrangements and locate issuers' announcements on their websites.
To prevent similar incidents, Li said HKEx will implement new measures to give greater flexibility to information distribution.
From Friday, the company will advertise in newspapers for 30 days, stating which companies will be making announcements that day.
Besides, HKEx will send snapshots of the bulletin board to HKEx participants and media outlets three times a day, so people know which companies are making announcements.
"The investors will continue to receive information and from multiple, diversified channels. If any particular site is being attacked, we will be less susceptible to such abuses,"Li said.
Speaking to the media, Li said its HKExnews website has been under sustained attack since Wednesday noon. The attacks are only on its Internet news website. Derivatives and clearing systems are not affected.
HKEx adopted a half day suspension policy for issuers announcing price-sensitive information on the website during the lunch publication window yesterday. The trading suspension policy aimed to give all investors sufficient time to understand the contingency arrangements and locate issuers' announcements on their websites.
To prevent similar incidents, Li said HKEx will implement new measures to give greater flexibility to information distribution.
From Friday, the company will advertise in newspapers for 30 days, stating which companies will be making announcements that day.
Besides, HKEx will send snapshots of the bulletin board to HKEx participants and media outlets three times a day, so people know which companies are making announcements.
"The investors will continue to receive information and from multiple, diversified channels. If any particular site is being attacked, we will be less susceptible to such abuses,"Li said.
