HKEX Postpones Proposed Implementation Date for Climate Change Disclosures
Nov 24, 2023
HKEX has postponed to 1 January 2025 the proposed implementation date for the mandatory and additional climate-related disclosures proposed in its April 2023 consultation paper
SFC Consults on Market Sounding Guidelines
Nov 20, 2023
The SFC has published a Consultation Paper proposing to introduce new Guidelines for Market Soundings aimed at clarifying the standard of conduct expected of those involved in market sounding
HK Takeovers & Share Buy-backs Codes Amended 29 September 2023
Nov 18, 2023
On 21 September 2023, the Hong Kong SFC published Consultation Conclusions on its proposed amendments to the Codes on Takeovers and Mergers and Share Buybacks. The amendments took effect on 29 September 2023.
HKEX Consults on Listing Rules Relating to Treasury Shares
Nov 14, 2023
HKEX is consulting on Listing Rule changes to enable listed issuers to hold and resell treasury shares, if allowed by the laws of their respective places of incorporation and their constitutional documents
The Hong Kong Chief Executive’s 2023 Policy Address
Oct 25, 2023
The Hong Kong Chief Executive delivered his second Policy Address on 25 October 2023, titled “A Vibrant Economy for a Caring Community”.
Hong Kong Police Arrest Suspects in JPEX Scandal
Oct 5, 2023
The Hong Kong police have arrested a number of people allegedly involved in promoting the products and services of unlicensed crypto exchange, JPEX, although the parties directly involved have reportedly
HKEX Consults on GEM Listing Reforms
Sep 29, 2023
HKEX issues consultation paper proposing GEM listing reforms to enhance attractiveness for SMEs seeking capital for growth, while maintaining high standard of investor protection.
HKMA Publishes 2023 Fintech Promotion Roadmap for Hong Kong
Sep 27, 2023
HKMA issued its 2023 Fintech Promotion Roadmap with its key initiatives to boost the financial services sector’s Fintech adoption, particularly in wealth management, insurance and green investment sectors
HKEX to Expand Paperless Listing Regime from 31 December 2023
Sep 15, 2023
Changes to the HKEX Listing Rule will reduce the number of hard copy documents required to be submitted and circulated by listed issuers. The Listing Rule changes will take effect on 31 December 2023
HONG KONG EXTENDS INSIDER DEALING REGIME’S TERRITORIAL REACH TO COVER OFFSHORE SECURITIES & DEALING
Aug 30, 2023
Hong Kong will expand its insider dealing regime to cover offshore insider dealing in HK-listed securities & HK insider dealing in securities listed offshore, & their derivatives, according to the SFC
SFC Warns Unlicensed Crypto Exchanges re. Improper Conduct
Aug 16, 2023
The SFC has warned unlicensed virtual asset trading platforms of the potential legal & regulatory consequences of false claims to have applied for SFC-licensing, and providing prohibited services, eg staking
SFC/ HKMA New Suitability Obligations for Sophisticated Professional Investors
Aug 8, 2023
The SFC and HKMA published a joint circular with a streamlined approach that licensed intermediaries can adopt in complying with the suitability obligations for sophisticated professional investors