Hong Kong Launches Hang Seng TECH Index
Aug 4, 2020
The Hang Seng TECH Index was launched on 27 July 2020 tracking the 30 largest HKEx-listed technology companies including Alibaba, Tencent Holdings, Xiaomi and Meituan Dianping.
HKEx Consults on Paperless Listing and Subscription and Issues New IPO Guidance
Aug 3, 2020
HKEx is consulting on paperless listing and subscription, online document display and reducing the documents required to be displayed for notifiable/connected transactions. HKEX-GL86-16 is also updated.
HKEx Publishes Listing Decision 126-2020 with Reasons for Listing Application Rejections
Jul 30, 2020
Lack of a commercial rationale for listing was the principal reason for the rejection of 17 listing applications on grounds of lack of suitability for listing under Guidance Letter HKEX-GL68-13A in 2019
Hong Kong Government Introduces Most Restrictive Social Distancing Measures Yet
Jul 29, 2020
The Hong Kong Government announced tightened social distancing measures on 27 July which took effect at 0.00 am on Wednesday, 29 July 2020.
New HKEx Guidance for Biotech Companies Listing under Chapter 18A
Jul 21, 2020
The Hong Kong Stock Exchange (HKEx) issued new and updated guidance letters in April 2020 to assist pre-revenue Biotech companies applying to list under Chapter 18A of the Main Board Listing Rules.
Hong Kong Further Tightens Social Distancing Measures Effective 15 July 2020
Jul 15, 2020
Tighter social distancing measures effective 15 July apply to Hong Kong catering businesses and scheduled premises until 21 July and limit group gatherings in public to 4 persons until 28 July
Hong Kong Tightens Social Distancing Measures from 11 July 2020
Jul 10, 2020
After a spike in locally transmitted COVID-19 cases in Hong Kong between 2 and 8 July, 2020, the HKSAR Government announced on 9 July tightened social distancing measures effective from 11 to 24 July 2020
Disciplinary Actions for Takeovers Code Breaches in June 2020
Jun 30, 2020
Two Takeovers Executive disciplinary decisions relating to breaches of the Hong Kong Takeovers Code were published in June 2020. They concerned breaches of Rules 22 and 31, respectively.
SFC Publicly Reprimands and Fines Guotai Junan HK$25.2 million
Jun 29, 2020
the SFC reprimanded and fined Guotai Junan HK$25.2 million for internal control failures and regulatory breaches related to third party fund transfers and potential wash trades
HKEx to Launch New Sustainable and Green Exchange
Jun 24, 2020
HKEx announced plans to launch the HKEX Sustainable and Green Exchange – STAGE – to provide a database of sustainable and green investment products available in Hong Kong
Consultation Conclusions Issued on a Paperless Securities Market for HKEx-listed Securities
Jun 24, 2020
Joint Consultation Conclusions on proposals for a paperless securities market for Hong Kong were published in April 2020. The proposed model for an uncertificated securities market will allow investors to hold securities in their own name and without paper documents
Hong Kong quarantine relaxed for directors of HKEx listed companies and HKEx listing applicants, certain lawyers, accountants and professionals
Jun 23, 2020
Hong Kong has relaxed quarantine for certain lawyers, directors of HKEx listed companies and HKEx listing applicants under the Compulsory Quarantine of Certain Persons Arriving at Hong Kong Regulation