HKEx has published a consultation paper (the “Consultation Paper”) on proposals to shorten the process for rights issues and open offers in order to facilitate fund raisings by listed issuers. HKEx is seeking view…
Archived Post for "Hong Kong Law"
HKEx Consultation Paper on Proposed Changes to Filing and Checklist Requirements for Listing Equity Securities
On 26 June 2009, the Stock Exchange of Hong Kong Limited (the “Exchange”) published a Consultation Paper on Proposed Changes to Filing and Checklist Requirements for the Listing of Equity Securities (the…
Recent Developments in Chinas Business and Securities Laws
This Note is for the purposes of providing general information on recent developments relating to Business and Securities Laws as at 18 June 2009 in China only. No responsibility is taken for the completeness and/or…
HKEx Potential Waiver from Profit Test Requirement for Main Board IPO Applicants
The Stock Exchange of Hong Kong Limited (the Exchange) issued a News Release on 5 June 2009 setting out the circumstances in which it may grant a waiver from strict compliance with the profit test requirements under…
Decision 55-2009-Qd-Ttg – New Regulations on Foreign Ownership of Vietnamese Companies
As of 1 June 2009, foreign ownership limits in public companies will be capped at 49%. The Prime Minister of Vietnam has signed Decision 55/2009/QD-TTg (“Decision 55”), dated 15 April 2009, on Foreign Ownership…
The Turner Review and Discussion Paper – a Regulatory Response to the Global Banking Crisis
On 18 March 2009, the FSA published the Turner Review and Discussion Paper 09/2 as a regulatory response to the global banking crisis.
Chinas Ministry of Commerce Rejects Coca-Colas Bid to Acquire China Huiyuan Juice Group
China’s Ministry of Commerce (“MOFCOM”) announced on 18 March 2009 that it has rejected Coca-Cola Company’s (“Coca-Cola”) US$2.4 billion (HK$19.65 billion) bid to acquire China Huiyuan Juice Group Limited (“Huiyuan”)…
SFC Approves Listing Rule Amendments to Extend Black Out Period for Annual Results to 60 Days
SFC approves amendments extending the black out period for directors’ dealings before annual results from one month to 60 days under Main Board and GEM Rules.
HKEx Proposes Modification of the Black Out Period Extension and Moderates Position on Quarterly Reporting
The Stock Exchange of Hong Kong Limited (the Exchange) published a press release on 12 February 2009 setting out the revised proposals of its Listing Committee regarding the controversial extension of the black…
Changes to Designated Securities Eligible for Short Selling
The Stock Exchange of Hong Kong Limited (the Exchange) has announced that with effect from 12 February 2009 (Thursday), 25 additional securities will be eligible for short selling and 27 existing designated…
