The SFC took a number of disciplinary actions this quarter against companies such as Alibaba Group Holdings, China New Way Investment, Bank of America, National Association and Merrill Lynch International.
Archived Post for "Hong Kong Law"
Joint Consultation Paper Issued on Proposed Changes to Hong Kong Listing Regulation
The Securities and Futures Commission and the HK Stock Exchange have issued a joint consultation paper on proposed changes to the decision-making and governance structure of listing regulation.
HKEx Publishes Guidance for Offshore Retail Funds Applying to List in Hong Kong
HKEX publishes guidance for offshore retail funds applying to list in Hong Kong, outlining requirements and opportunities.
Hong Kong Stock Exchange Publishes New Guidance on IPO Vetting and Suitability for Listing
HKEx publishes Guidance Letter HKEx-GL68-13A on IPO vetting and suitability for listing. It focuses on “shell” companies and sponsors’ need to be aware of all material issues relevant to an applicant’s suitability for listing.
Memorandum of Understanding Entered into between Hong Kong International Arbitration Centre and the Russian Arbitration Association
Memorandum Of Understanding Entered Into Between Hong Kong International Arbitration Centre And The Russian Arbitration Association
Hong Kong’s Takeovers Panel Rules that Alibaba Breached Takeovers Code due to “Special Deal”
SFC Takeovers Panel rules Alibaba’s CITIC 21CN acquisition breached Takeovers Code, invalidating waiver and triggering mandatory offer obligations.
NDRC Proposes Amendments to China Outbound Investment Regulations
China’s NDRC to Simplify Outbound Investment Rules as Chinese companies continue to invest heavily overseas
Hong Kong Stock Exchange Publishes Guidance Letter on Bonus Issues of Shares
HKEX issues guidance on bonus share distributions, reminding issuers to plan carefully to avoid disorderly trading and ensure compliance with listing rules.
HKEx Publishes Listing Decisions on Reasons for Rejection and Return of New Listing Applications
The Hong Kong Stock Exchange has Published its Reasons for Rejection and Return of Listing Applications in 2015
Insider Dealing in Securities Listed Offshore: High Court Interprets Section 300 SFO in Landmark Case
The Hong Kong High Court has interpreted s300 SFO to over insider dealing in securities listed overseas in landmark case