The Hong Kong Stock Exchange concluded its consultation on the proposed expansion to the paperless listing regime. All of the proposals are adopted with minor modifications and clarifications. Summarized below are the key...more
The Stock Exchange of Hong Kong Limited issued a consultation paper in December 2024 on proposals to optimize IPO price discovery and open market requirements. The consultation aims to review the relevant regulatory framework...more
The Hong Kong Stock Exchange concluded its consultation on proposed amendments to the Corporate Governance Code and related Listing Rules. All proposals were adopted with certain modifications and clarifications and will go...more
The Securities and Futures Commission of Hong Kong (SFC) and the Stock Exchange of Hong Kong (Exchange) published on 18 October 2024 a Joint Statement on Enhanced Timeframe for New Listing Application Process. The initiatives...more
This Insight provides a reference to help make sense of the financial statement requirements under the US federal securities laws. We focus primarily on the registration statement requirements for “foreign private issuers” (a...more
The Nasdaq Stock Market LLC (Nasdaq) recently filed with the Securities and Exchange Commission (SEC) the proposed amendments to its rules regarding the delisting of penny stocks (i.e., shares with bid price below $1.00),...more
The Securities and Futures Commission (the SFC) and the Stock Exchange of Hong Kong (HKEX or the Exchange) jointly announced on 23 August 2024 temporary modifications (the Temporary Modifications) to certain requirements...more
The Hong Kong Stock Exchange (HKEX) recently published a consultation paper proposing a further expansion to the paperless listing regime first introduced in 2021 to reduce the use of paper in the listing regime. The...more
Environmental, social, and governance (ESG) investing is gaining traction across the Asia-Pacific region, but different jurisdictions and markets have varied approaches to disclosure requirements and regulations, creating a...more
The Hong Kong Stock Exchange (HKEX) recently published a consultation paper proposing changes to the Corporate Governance Code and related amendments to the Listing Rules. The proposed changes represent the continuous effort...more
Hong Kong Exchanges and Clearing Limited (HKEX) concluded its consultation on proposed rule amendments to introduce a new treasury share regime. All changes were approved with minor modifications based on market comments....more
The Hong Kong Stock Exchange (HKEx) has concluded its consultation on GEM listing reforms. All reform proposals were approved with minor modifications and will go into effect 1 January 2024. Key features of the GEM listing...more
The revised Hong Kong Listing Rules and related guidance implementing the expanded paperless listing regime will come into effect on 31 December 2023. Hong Kong Stock Exchange (HKEX) published its first frequently asked...more
The Hong Kong Stock Exchange (HKEX) recently published a consultation paper announcing the launch of a two-month consultation on proposed rule amendments to introduce a new treasury share regime, giving issuers greater...more
The Hong Kong Stock Exchange (HKEx) published a consultation paper announcing the launch of a six-week consultation on GEM listing reforms, undertaking new initiatives to bolster its support for small and medium-sized...more
The Stock Exchange of Hong Kong Limited (HKEX) recently released its Consultation Conclusions on the Consultation Paper introduced in December 2022, Proposals to Expand the Paperless Listing Regime and Other Rule Amendments,...more
The Hong Kong Stock Exchange (HKEx) announced on March 24, 2023 that eligible specialist technology companies (STCs) at the pre-commercial or early commercial stage can apply for listing on the HKEx under the new Chapter 18C...more
To prepare for commencement of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance regime for virtual asset service providers, the Hong Kong Securities and Futures Commission is conducting a consultation on...more
The last few years have thrown many surprises at businesses. Organizations across all sectors have faced inflation, global conflicts, supply chain challenges, a pandemic, and continually changing government policies. In 2023,...more
1/23/2023
/ Automotive Industry ,
Capital Markets ,
Cryptocurrency ,
Energy Sector ,
EU ,
False Claims Act (FCA) ,
FDIC ,
Financial Services Industry ,
FinTech ,
Food and Drug Administration (FDA) ,
Life Sciences ,
Tax Credits
The Hong Kong Stock Exchange (HKEx) has issued its much-anticipated consultation paper on creating a listing regime for Specialist Technology Companies (STCs) under proposed Chapter 18C of the HKEx listing rules, with a view...more
The Hong Kong Stock Exchange (HKEx) adopted the proposed amended Listing Rules as set out in its Consultation Paper with certain amendments, including changes to share schemes of subsidiaries of listed issuers, share schemes...more
The Securities and Futures Commission recently issued a consultation paper on proposed enforcement-related amendments to the Securities and Futures Ordinance, the principal legislation that regulates the securities and...more
The Hong Kong Stock Exchange concluded its consultation to create a listing regime for special purpose acquisition companies in Hong Kong. The approved new listing regime will come into effect on January 1, 2022 with certain...more
The Hong Kong Stock Exchange recently published a consultation paper seeking market feedback on its proposed rule amendments relating to share schemes of Hong Kong–listed issuers and their subsidiaries. The consultation...more
The Hong Kong Stock Exchange (HKEx) has issued the much-anticipated consultation paper on creating a listing regime for special purpose acquisition companies (SPACs). The listing rules of the HKEx (Listing Rules) generally...more