On 10 May 2018, HKMA issued a circular setting out details of the highly anticipated three-year Pilot Bond Grant Scheme
Archived Post for "Insights"
SFC Guidelines on Online Platforms and Advisory Services
The Guidelines will clarify how SFC-licensed and registered entities should comply in an online environment with the obligation to ensure the suitability of client recommendations and solicitations.
New Rules for Listing Biotech Companies on Hong Kong Stock Exchange
The Hong Kong Stock Exchange (the Exchange) published its Consultation Conclusions on a Listing Regime for Companies from Emerging and Innovative Sectors on 24 April 2018 (Consultation Conclusions)
Consultation Conclusions on WVR Listings
The Guidelines will clarify how SFC-licensed and registered entities should comply in an online environment with the obligation to ensure the suitability of client recommendations and solicitations.
SFC and CSRC increase daily quotas for Mainland-Hong Kong stock connect
CSRC and SFC announce increase in daily quotas for Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect effective 1 May 2018.
Continued deficiencies in sponsor work identified by SFC
The said deficiencies were especially common for sponsor work done for GEM IPOs. Between October 2013 and December 2017, 44 listing applications were returned or rejected due to concerns raised during the vetting process.
SFC and Exchange sign addendum to MOU Governing Listing Matters
On 9 March 2018, the SFC and HKEX signed an addendum to the MoU Governing Listing Matters following 2017 consultation conclusions.
HK Stock Exchange Consults on Listings of Emerging and Innovative Companies
On 23 February 2018, the Hong Kong Stock Exchange released a Consultation Paper on a Listing Regime for Companies from Emerging and Innovative Sectors, setting out proposals to allow the listing of a broader range of companies.
SFC Fines IBHK concerning Electronic and Algorithmic Trading Systems
The SFC has reprimanded and fined Interactive Brokers Hong Kong Limited for breaches of the Code of Conduct due to deficiencies in executing market orders using electronic and algorithmic trading systems.
HKEx Listing Series – Biotech
On 23 February 2018, the Hong Kong Stock Exchange (the “Stock Exchange”) released a Consultation Paper on a Listing Regime for Companies from Emerging and Innovative Sectors (the “Consultation Paper”), setting out proposals to allow the listing of a broader range of companies on the Main Board of the Stock Exchange.