six months after hong kong’s market regulators vowed to protect small investors by stamping out wild swings in stock debuts the watchdogs are now moving in to ensure better transparency in initial public offerings the securities and futures commission and the hong kong stock exchange asked better home group holdings a chinese maker of drying racks for clothes to prominently reveal in its prospectus five conditions it needs to meet before its nov 12 listing on the main board the disclosures required include information related to broker fees ipo pricing share allocation and monthly updates for a year on how the proceeds are being spent