The SFC has published a Consultation Paper proposing to introduce new Guidelines for Market Soundings aimed at clarifying the standard of conduct expected of those involved in market sounding
Archived Post for "Hong Kong Law"
HK Takeovers & Share Buy-backs Codes Amended 29 September 2023
On 21 September 2023, the Hong Kong SFC published Consultation Conclusions on its proposed amendments to the Codes on Takeovers and Mergers and Share Buybacks. The amendments took effect on 29 September 2023.
HKEX Consults on Listing Rules Relating to Treasury Shares
HKEX is consulting on Listing Rule changes to enable listed issuers to hold and resell treasury shares, if allowed by the laws of their respective places of incorporation and their constitutional documents
The Hong Kong Chief Executive’s 2023 Policy Address
The Hong Kong Chief Executive delivered his second Policy Address on 25 October 2023, titled “A Vibrant Economy for a Caring Community”.
Hong Kong Police Arrest Suspects in JPEX Scandal
The Hong Kong police have arrested a number of people allegedly involved in promoting the products and services of unlicensed crypto exchange, JPEX, although the parties directly involved have reportedly
HKEX Consults on GEM Listing Reforms
HKEX issues consultation paper proposing GEM listing reforms to enhance attractiveness for SMEs seeking capital for growth, while maintaining high standard of investor protection.
HKMA Publishes 2023 Fintech Promotion Roadmap for Hong Kong
HKMA issued its 2023 Fintech Promotion Roadmap with its key initiatives to boost the financial services sector’s Fintech adoption, particularly in wealth management, insurance and green investment sectors
HKEX to Expand Paperless Listing Regime from 31 December 2023
Changes to the HKEX Listing Rule will reduce the number of hard copy documents required to be submitted and circulated by listed issuers. The Listing Rule changes will take effect on 31 December 2023
Hong Kong Extends Insider Dealing Regime’s Territorial Reach To Cover Offshore Securities & Dealing
Hong Kong will expand its insider dealing regime to cover offshore insider dealing in HK-listed securities & HK insider dealing in securities listed offshore, & their derivatives, according to the SFC
SFC Warns Unlicensed Crypto Exchanges re. Improper Conduct
The SFC has warned unlicensed virtual asset trading platforms of the potential legal & regulatory consequences of false claims to have applied for SFC-licensing, and providing prohibited services, eg staking
