Changes to Designated Securities Eligible for Short Selling
Feb 6, 2009
The Stock Exchange of Hong Kong Limited (the Exchange) has announced that with effect from 12 February 2009 (Thursday), 25 additional securities will be eligible for short selling and 27 existing designated…
HKEx Proposes Mandatory Quarterly Reporting by Main Board Listed Companies from 2011 Year-End and Other HKEx Initiatives
Jan 22, 2009
The latest Status Report on New Product and Market Development Initiatives (Status Report) and the latest quarterly newsletter (Newsletter) published by the Hong Kong Stock Exchange (HKEx) on 19 January 2009…
SFC Emphasises Trigger and Creeper Provisions Will Not be Relaxed and Introduces New Takeovers Code Practice Note on Confirmation of Financial Resources
Jan 5, 2009
The Securities and Futures Commission has published its December 2008 Takeovers Bulletin which: reiterates the Takeovers Panel’s October 2008 recommendation not to relax the trigger and creeper provisions in…
Implementation of the Extension of the Black Out Period Prohibiting Directors from Dealing in Securities of Listed Issuers Deferred
Dec 31, 2008
The Stock Exchange of Hong Kong Limited (the “Exchange”) issued a press release on 30 December 2008 in relation to the deferred implementation of the extension of the “black out” period prohibiting directors from…
Consultation Conclusions on Proposed Companies Ordinance Amendments in Relation to Company Names Directors Duties Corporate Directorships and Registration of Charges Published
Dec 22, 2008
On 10 December 2008, the Financial Services and the Treasury Bureau (FSTB) published its second consultation conclusions on the rewrite of the Companies Ordinance (CO) covering company names, directors’ duties…
HKEx Publishes Consultation Conclusions on Combined Consultation Proposals Listing Rule Amendments Take
Dec 17, 2008
The Stock Exchange of Hong Kong Limited (the Exchange) has published its Consultation Conclusions on Proposals in the 2008 Combined Consultation Paper (Consultation Conclusions). The Consultation Conclusions…
Listed Companies Disclosure Obligations HKEx Issues Reminder and Guidance
Nov 24, 2008
The Hong Kong Stock Exchange (the Exchange) has issued a letter to all issuers listed on the Main Board and Growth Enterprises Market (GEM) reminding them of their obligation to make timely public disclosure of…
No Change to General Offer Trigger Point and Creeper under Takeovers Code Guidelines for the Exemption of Listed Corporations from Part Xv of the SFO Amended to Facilitate Exchange-Traded Funds
Nov 10, 2008
The Takeovers Panel met recently to consider suggestions received by the Securities and Futures Commission (SFC) that, in light of current market conditions, the 30% general offer trigger point and the 2% creeper…
New Growth Enterprise Market Rules Come into Effect
May 22, 2008
Hong Kong Exchanges and Clearing Limited (HKEx) published its Consultation Conclusions on the Growth Enterprise Market (GEM) on 2 May 2008 which set out the amendments to the GEM Listing Rules which will be…
Hong Kong Depositary Receipt Framework to be Implemented
May 13, 2008
On 9 May 2008, the Stock Exchange of Hong Kong (the Exchange) published a new Chapter 19B to the Main Board Listing Rules which will allow issuers to list on the Main Board (but not the Growth Enterprise Market)…
HKEx Publishes Combined Consultation Paper on Amendments to the Listing Rules
Mar 19, 2008
The Hong Kong Stock Exchange (the Exchange) published its Combined Consultation Paper on Proposed Changes to the Listing Rules (the Consultation Paper) on 11 January seeking comments from the market on 18 substantive…
HKExs Revised Suspension Policy
Mar 10, 2008
From 10 March 2008, trading in a Main Board issuer’s listed securities will no longer be suspended if the issuer publishes an announcement containing price sensitive information (PSI) between 6.00 a.m. and 9.00…