HKEx Publishes Consultation Paper on Proposed Changes to Requirements for Circulars and Listing Documents of Listed Issuers
Oct 15, 2009
HKEx has published a consultation paper (the “Consultation Paper”) on proposed changes to the requirements for circulars and listing documents of listed issuers. The review and suggested changes arose in response…
HKEx Consults on New Listing Rules for Mineral and Exploration Companies
Oct 5, 2009
The Stock Exchange of Hong Kong Limited (the Exchange) published a consultation paper on 11 September 2009, setting out its proposals to update Chapter 18 of the Main Board Listing Rules for companies involved…
SFC Consults on Increased Short Selling Disclosure
Aug 25, 2009
The Securities and Futures Commission (SFC) published a Consultation Paper on 31 July 2009 (the Consultation Paper) setting out proposals to introduce transactional reporting requirements and/or positional reporting…
HKEx Publishes Consultation Paper on Proposals to Accelerate Rights Issues and Open Offers
Aug 17, 2009
HKEx has published a consultation paper (the “Consultation Paper”) on proposals to shorten the process for rights issues and open offers in order to facilitate fund raisings by listed issuers. HKEx is seeking view…
HKEx Consultation Paper on Proposed Changes to Filing and Checklist Requirements for Listing Equity Securities
Aug 14, 2009
On 26 June 2009, the Stock Exchange of Hong Kong Limited (the “Exchange”) published a Consultation Paper on Proposed Changes to Filing and Checklist Requirements for the Listing of Equity Securities (the…
Recent Developments in Chinas Business and Securities Laws
Jun 22, 2009
This Note is for the purposes of providing general information on recent developments relating to Business and Securities Laws as at 18 June 2009 in China only. No responsibility is taken for the completeness and/or…
HKEx Potential Waiver from Profit Test Requirement for Main Board IPO Applicants
Jun 13, 2009
The Stock Exchange of Hong Kong Limited (the Exchange) issued a News Release on 5 June 2009 setting out the circumstances in which it may grant a waiver from strict compliance with the profit test requirements under…
Decision 55-2009-Qd-Ttg – New Regulations on Foreign Ownership of Vietnamese Companies
Apr 30, 2009
As of 1 June 2009, foreign ownership limits in public companies will be capped at 49%. The Prime Minister of Vietnam has signed Decision 55/2009/QD-TTg (“Decision 55”), dated 15 April 2009, on Foreign Ownership…
The Turner Review and Discussion Paper – a Regulatory Response to the Global Banking Crisis
Apr 22, 2009
On 18 March 2009, the Financial Services Authority (FSA) published a Review of the global banking crisis, conducted by Lord Turner, Chairman of the FSA (the “Review”) along with the FSA’s Discussion Paper 09/2…
Chinas Ministry of Commerce Rejects Coca-Colas Bid to Acquire China Huiyuan Juice Group
Mar 23, 2009
China’s Ministry of Commerce (“MOFCOM”) announced on 18 March 2009 that it has rejected Coca-Cola Company’s (“Coca-Cola”) US$2.4 billion (HK$19.65 billion) bid to acquire China Huiyuan Juice Group Limited (“Huiyuan”)…
SFC Approves Listing Rule Amendments to Extend Black Out Period for Annual Results to 60 Days
Feb 27, 2009
The SFC has approved amendments to the Main Board and GEM Listing Rules to extend the black out period for directors’ dealings prior to the publication of issuers’ annual results from one month to 60 days…
HKEx Proposes Modification of the Black Out Period Extension and Moderates Position on Quarterly Reporting
Feb 13, 2009
The Stock Exchange of Hong Kong Limited (the Exchange) published a press release on 12 February 2009 setting out the revised proposals of its Listing Committee regarding the controversial extension of the black…