Subject to negative vetting by the Legislative Council, amendments to the rules on the position limits for Hang Seng China Enterprises Index (H-shares index) futures and options contracts will come into effect on…
Archived Post for "Hong Kong Law"
HKEx Releases Strategic Plan for 2007-2009
The Hong Kong Exchanges and Clearing Limited (HKEx) has announced its Strategic Plan for 2007-2009 which adopts the following mission statement: to be a leading international marketplace for securities and derivatives…
Hong Kong Stock Exchange Accepts Listing of Companies Incorporated in Australia and British Colombia
In two related decisions in October and November 2006, the Stock Exchange of Hong Kong Limited (the Exchange) has decided to accept the listing of companies incorporated in Australia and British Colombia, subject to…
Abolition of Listed Issuers Short-Form Preliminary Results Announcements
The Hong Kong Stock Exchange (the Exchange) has announced that it will terminate its practice of publishing Main Board and GEM listed issuers’ short-form preliminary results announcements (Summary Forms) on its…
SFC Publishes Consultation Conclusions on Possible Reforms to the Companies Ordinance Prospectus Regime
The Securities and Futures Commission (the SFC) has published its conclusions on the proposals set out in its August 2005 Consultation Paper for the modernisation of the prospectus regime governing the public offering…
Update on New Sponsor Requirements
The Securities and Futures Commission (SFC) published two circulars on September 5, 2006 in relation to the Guidelines for Sponsors and Compliance Advisers (Sponsor Guidelines), which form part of the Fit and Proper…
HKEx Publishes Guide on pre-Vetting Requirements for Announcements
The Hong Kong Stock Exchange (HKEx) has recently published its Guide on pre-vetting requirements for announcements (Guide) to assist listed issuers in meeting certain continuing obligations under the Listing Rules.
Stock Exchange Publishes Conclusions on Abolition of the Requirement for Main Board Issuers to Publish Paid Announcements in Newspapers
The Stock Exchange of Hong Kong Limited (the Exchange) has published its conclusions on its proposed abolition of the requirement for Main Board issuers to publish paid announcements in the newspapers and other…
New Requirements for Securities Firms and New Paid-Up Share Capital Requirement for Sponsors
The Securities and Futures Commission (“SFC”) has gazetted amendments to the relevant rules under the Securities and Futures Ordinance and to the Code of Conduct for Persons Licensed by or Registered with the…
New Sponsor Requirements
New eligibility criteria and on-going obligations for sponsors will be implemented by the SFC with effect from January 1, 2007. Under the new regime, only corporate advisory firms meeting the new eligibility criteria…