TASK DEFINITION: In this task, we ask you to elaborate the sentence without changing its general meaning. You can do so by explaining further the input sentence, using more precise wording, adding qualifiers and auxiliary information etc.
PROBLEM: The International Boxing Federation , or " IBF " , is one of many organizations which sanction world championship boxing bouts , alongside the WBA , WBC , WBO , and a dozen or so others .

SOLUTION: The International Boxing Federation ( IBF ) is one of four major organizations recognized by the International Boxing Hall of Fame ( IBHOF ) which sanction world championship boxing bouts , alongside the World Boxing Association ( WBA ) , World Boxing Council ( WBC ) and World Boxing Organization ( WBO ) .

PROBLEM: SEHK , is a stock exchange located in Hong Kong .

SOLUTION: The Stock Exchange of Hong Kong ( SEHK , also known as Hong Kong Stock Exchange ) is a stock exchange based in Hong Kong .

PROBLEM: The Punjabi people ( , ਪੰਜਾਬੀ also Panjabi people ) are an Indo-Aryan ethnic group from South Asia ( Pakistan and India ) .

SOLUTION:
The Punjabis ( Punjabi : , ਪੰਜਾਬੀ ) or Punjabi people are an Indo-Aryan ethnolinguistic group associated with the Punjab region in South Asia , specifically in the northern part of the Indian subcontinent , presently divided between Punjab , India and Punjab , Pakistan .