Hong Kong Law
Newsletters
FSTB Consults on Open-Ended Fund Company Structure
The Financial Services and the Treasury Bureau (FSTB) published the Open-ended Fund Companies Consultation Paper (see archive) (Consultation Paper) and a press release (see archive) on 20 March 2014 setting…
Exchange Reviews Disclosure in Annual Reports to Monitor Rule Compliance
The Exchange has published its second report (see archive) on findings and recommendations from a review of disclosure in issuers’ annual reports issued for the financial years ended between December 2012 and…
Linking of Shanghai and Hong Kong Stock Exchanges
The China Securities Regulatory Commission (CSRC) and Hong Kong’s Securities and Futures Commission (SFC) published a joint announcement (see archive) on 10 April 2014 of their approval, in principle, of a pilot…
Exchange Publishes New Guidance on Placing Shares to Connected Clients for Independent Third Parties
The Exchange has published guidance letter HKEx-GL75-14 (see archive) which supersedes Listing Decision HKEx-LD54-13 (see archive) which has been withdrawn. The guidance letter provides guidance in cases where…
Revised Connected Transaction Rules to Take Effect
The Stock Exchange of Hong Kong (the Exchange) has published amendments to the Listing Rules which will take effect on 1 July 2014. The amendments implement changes to the rules on connected transactions in…
Exchange Introduces New Headline Categories for Announcements
The Hong Kong Stock Exchange (the Exchange) has published a news release (see archive) and Frequently-Asked-Questions (see archive) (FAQ) in relation to the Listing Rule amendments to introduce new headline…
Sponsor Regime Update – Initial 3-Day Check
The Hong Kong Stock Exchange (the Exchange) has confirmed that it will continue to conduct an initial 3-day check of application proofs from 1 April to 30 September 2014 to give practitioners more time to become…
SFC Consults on the Regulation of Alternative Liquidity Pools
The Securities and Futures Commission (SFC) is consulting the public on amending the Code of Conduct for Persons Licensed by or Registered with the SFC (Code of Conduct) to regulate operators of alternative…
HK Government Proposals for Resolution Regime for Financial Institutions
A 141-page consultation paper (Consultation Paper) (see archive) has been jointly published by the Financial Services and the Treasury Bureau (FSTB), the Hong Kong Monetary Authority (HKMA), the Securities and…
Information on Listing Applications since the New Sponsor Regime
The Hong Kong Stock Exchange (the Exchange) has published a news release (see archive) providing information on the new listing applications it has received since the new regulatory regime for sponsors came…
SFC Proposes Amendments to the Code on REITs
The Securities and Futures Commission (SFC) is conducting a consultation on allowing Real Estate Investment Trusts (REITs) greater flexibility to invest in properties under development and financial instruments…
Rule Amendments – Annual Listing Fees FAQs Following the New Companies Ordinance
The new Companies Ordinance of the laws of Hong Kong (Cap. 622) (New Companies Ordinance) came into force on 3 March 2014. The Exchange has published Listing Rule Amendments and Frequently-Asked-Questions…