On 28 January 2014, the Exchange published a press release in relation to the censure of a listed company (Company) and its directors for breach of Rule 13.09 of the Listing Rules as previously in force prior to…
Archived Post for "Hong Kong Law"
New Guidance on the Applicable Laws and Regulations section
The Hong Kong Stock Exchange (the Exchange) has published Guidance Letter GL72-14 (see archive) providing guidance on disclosure in the “Applicable Laws and Regulations” section of IPO listing documents. This…
Hong Kong Stock Exchange Issues New and Updated Guidance Letters
On 24 January 2014, the Hong Kong Stock Exchange published the following new and updated Guidance Letters: Disclosure requirements for IPO cases – Disclosure of material changes in financial, operational…
Increase in Inside Information Announcements and Additional FAQs
It has been a year since the statutory regime for disclosure of inside information came into effect under Part XIVA of the Securities and Futures Ordinance (SFO), which was implemented on 1 January 2013. The…
Hong Kong Stock Exchange Publishes 20 Country Guides for Acceptable Jurisdictions of Incorporation
The Hong Kong Stock Exchange has published country guides for twenty of the twenty-one overseas jurisdictions which the Exchange is willing to accept as a listing applicant’s jurisdiction of incorporation.
SFC To Step Up Oversight Of Corporate Conduct
The SFO requirement for listed companies to make timely and accurate disclosure of price sensitive information (i.e. inside information) is illustrated in a number of recent regulatory enforcement actions.
HKEX Guidance on Listing for Sanctioned Country Applicants
Hong Kong Stock Exchange has published guidance letter on suitability for listing and listing decision on the suitability for listing of applicants which had conducted business in countries subject to sanctions
SFC Publishes FAQ on the New Sponsor Regime
On 8 October 2013, the SFC published FAQs on the new regime on the regulation of sponsors under the SFC’s new paragraph 17 of the Code of Conduct for Persons Licensed by or Registered with the SFC
SFC Issues Takeovers Bulletin on Dealing Disclosures under Rule 22 and the Exemption from Rule 109 for Companies with Dual Listing
SFC has published in its Takeovers Bulletin information relating to dealing disclosures under Rule 22 of the Takeovers Code and Rule 10.9’s application to unaudited quarterly results published during an offer period
Stock Exchange and SFC Issue Updated Joint Policy Statement Regarding the Listing of Overseas Companies
The Stock Exchange of Hong Kong (the Exchange) and the Securities and Futures Commission (SFC) have updated their joint policy statement regarding the listing of overseas companies (Joint Statement).