The SFC’s Guidelines to Address Analyst Conflicts of Interest impose strict requirements on investment banks and broker /dealers in relation to reducing and disclosing analysts’ conflicts of interest.
Archived Post for "Hong Kong Law"
Proposed Amendments to the SFO to Give Statutory Backing to Major Listing Rules
Proposed amendments to the SFO will codify the more important of the Exchange’s Listing Rules into statutory listing requirements under the Securities and Futures (Stock Market Listing) Rules.
SFC Issues Consultation Paper on Amendments to the Disclosure of Interests Regime
It is proposed to extend the proposal to synchronise the reference dates for buyers and sellers completing a transaction within 4 days (see paragraph 9 above) to physically settled options. On the exercise of an…
Second Consultation Paper on Exemption of Offshore Funds from Hong Kong Profits Tax
The Hong Kong Financial Services and Treasury Bureau have issued a second consultation paper on the proposed exemption of offshore funds from Hong Kong profits tax.
Hong Kong Stock Exchanges Code on Corporate Governance Practices and Corporate Governance Report
The amendments to the Listing Rules relating to the Code on Corporate Governance Practices (the Code) and the Corporate Governance Report to be included in listed companies’ annual and summary annual reports have…
Amendments to the Listing Rules Relating to the Regulation of Sponsors and Independent Financial Advisers
The Stock Exchange of Hong Kong Ltd. (the “Exchange”) and the SFC have issued amendments to the Main Board and GEM Listing Rules including a new practice note on sponsor’s due diligence as the first of 2 stages of…
New Companies Ordinance Prospectus Regime
General Requirements : the materials must not contain any substantive information not contained in the prospectus nor anything that is inconsistent with the information in the prospectus;the contents must not be false…
Hong Kong Legal Update
The Companies (Amendment) Ordinance 2004 (the ‘Amendment Ordinance’) was enacted on July 23, 2004 and is expected to come into effect towards the end of this year after the publication of a commencement notice in…
Summary of Changes to the GEM Listing Rules
The Rules have been amended to require the prior approval of shareholders (other than the relevant director and his associates) for a service contract that is to be granted to a director of the listed issuer or any…
Proposed Amendments to the Listing Rules Relating to the Regulation of Sponsors and Independent Financial Advisers
The Stock Exchange of Hong Kong (the Exchange) published draft amendments to the Main Board and GEM Listing Rules relating to the regulation of sponsors and independent financial advisers (IFAs) on May 4, 2004.