Hong Kong Law
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Bill to Regulate the Hong Kong OTC Derivative Market to be Introduced in the Second Quarter 2013
The Financial Services and the Treasury Bureau, HKMA and SFC jointly submitted a policy brief to Legco to update it on the progress in developing a full-fledged regulatory regime for OTC derivative transactions
Hong Kong Stock Exchange Publishes Guidance Letter Gl51-13 Disallowing Additional Benefits for Cornerstone Investors
The Exchange has published a guidance letter to remind listing applicants that no benefits are allowed to be given to Cornerstone Investors, except for a guaranteed allocation of shares at the IPO price.
Hong Kong Stock Exchange Publishes Listing Decision on Allowing a PRC Listed Company to Convert its Entire B Shares into H Shares and List the H Shares on the Main Board By Way of Introduction
to convert its entire B shares into H shares and list the H shares on the Main Board of the Exchange by way of introduction
Hong Kong Stock Exchange Issues Guidance Letter and Listing Decisions in Relation to Mineral Companies
The Hong Kong Stock Exchange has published a guidance letter and listing decisions in relation to mineral companies and issues under Chapter 18 of the Listing Rules
Hong Kong Stock Exchange Publishes Guidance on the Reasons for Returning Certain Listing Applications
The Hong Kong Stock Exchange published Listing Decision HKEx-LD48-2013 on 21 January 2013, providing a detailed analysis of the reasons for its return of certain listing applications
SFC Encourages Inside Information Disclosure before the Statutory Disclosure Regime comes into Effect
The Securities and Futures Commission (SFC) has published a reminder to listed companies to make all necessary price sensitive information (PSI) announcements in the run up to 1 January 2013 to ensure that their…
Stock Exchange Updates Listing Decision on Circumstances under Which It Will Exempt a New Listing Applicant from Filing Placee Lists with Respect to its IPO Shares Sold in Public Offers Outside Hong Kong
On 14 December 2012, the Stock Exchange of Hong Kong (the Exchange) updated its 2005 listing decision (HKEx – LD48-4) (the Listing Decision) regarding the circumstances in which the Exchange will allow a new…
Hong Kong Stock Exchange Publishes Consultation Conclusions on Listing Rule Amendments Consequential on New Statutory Regime for PSI Disclosure
The Stock Exchange of Hong Kong Limited (Exchange) published on 30 November 2012 its consultation conclusions (Consultation Conclusions) on the amendments to the Listing Rules (Rules) of the Main Board (MB) and…
Amendments to the Law on the Use and Provision of Personal Data for Direct Marketing Expected
The Personal Data (Privacy) (Amendment) Ordinance 2012 (Amendment Ordinance) was introduced to enhance the protection of personal data privacy of individuals offered under the Personal Data (Privacy) Ordinance…
SFC Consultation Service on Statutory PSI Disclosure Regime and SFC Consults on Proposals to Enhance the Regulatory Regime for Non-Corporate Listed Entities
The SFC announced on 29 November that its consultation service for listed corporations on their obligations under the new statutory regime for disclosure of price sensitive information (PSI) would commence on 1…
SFC Holds IPO Sponsor Principals Jointly and Severally Liable in Discharge of Responsibilities
The Securities and Futures Commission (SFC) announced on 20 November 2012 that it has banned Mr. Wong Tang Chung, a former responsible officer and executive director of Mega Capital (Asia) Company Limited (Mega…
Amendments to the Definitions of Specified Stock and Futures Exchanges and Proposed Amendments to the Securities and Futures Financial Resources Rules
Amendments to the definitions of specified Futures Exchanges (SFEs) and specified Stock Exchanges (SSEs) in Parts 2 and 3 to Schedule 1 of the Securities and Futures Ordinance (SFO) took effect on 18 July 2012…