May 12, 2006
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…
SFC to Implement Securities Collateral Re-Pledging Limit in 2 Phases and HKFE Announces Revised Margins for H-Shares Index and Petrochina Futures Contracts
Feb 7, 2006
The SFC published a press release on February 6, 2006 confirming its intention to proceed immediately with its proposal to set a securities collateral re-pledging limit in light of the general support by members of…
Jan 25, 2006
Hong Kong Exchanges and Clearing Limited (‘HKEx’) published its discussion paper on the Growth Enterprise Market (the ‘Discussion Paper’) on 20 January, 2006. The Discussion Paper does not contain a solution for GEM…
Stock Exchange Proposes Abolition of Requirement for Main Board Issuers to Publish Paid Announcements in Newspapers
Jan 18, 2006
The Stock Exchange of Hong Kong Limited (the “Exchange”) has published an exposure paper with regard to its proposal to abolish the requirement for Main Board issuers to publish paid announcements in the newspapers…
Dec 10, 2005
The Securities and Futures Commission has released its ‘Report on the Derivative Warrants Market in Hong Kong’ which includes its Six-Point Plan for improving the market
Oct 20, 2005
The Hong Kong Stock Exchange has published an article on derivative warrants that includes a discussion of the listing rule requirements and a discussion on the recent debate on derivative warrants
Oct 3, 2005
Amendments to the Hedge Fund Guidelines in Chapter 8.7 of the Code on Unit Trusts and Mutual Funds came into effect on 30 September 2005. This note summarises the principal revisions to the Guidelines.
Sep 29, 2005
The Securities and Futures Commission has published a consultation paper setting out its proposals for the final phase of its modernisation of the regime governing the public offering of shares and debentures
Amendments to the Definitions of Regulated Activities in Schedule 5 of the Securities and Futures Ordinance
Sep 22, 2005
The Securities and Futures Commission has published its Consultation Conclusions on the amendments to Schedule 5 to the Securities and Futures Ordinance proposed in its February Consultation Paper.
Sep 7, 2005
The SFC has published its Consultation Conclusions on the changes to the Hong Kong Codes on Takeovers, Mergers and Share Repurchases and announced that the amendments will come into effect on 1 October 2005.
Jul 28, 2005
The Securities and Futures Commission has published the Consultation Conclusions on the Review of the Disclosure of Interests Regime under Part XV of the Securities and Futures Ordinance
Jul 13, 2005
Building on the existing regime for the licensing of corporate finance advisers, the SFC has published proposals for additional specific entry criteria and ongoing compliance obligations for sponsors.