The Court of First Instance’s decision has important implications for directors of listed companies when failing to act in the best interests of the company.
Background -
On July 15, 2015, the Securities and Futures...more
Key Points:
..The guidelines classify outbound investment into three groups: encouraged, restricted, and prohibited transactions.
..China will promote outbound direct investments transactions that are strategically...more
The SFC has become increasingly concerned that some listed companies are acquiring or selling assets at improperly assessed prices, resulting in losses to listed companies and their shareholders.
Summary -
The...more
On January 12, 2017, the State Council issued the Circular concerning Measures on Expanding the Opening Up and the Active Utilization of Foreign Investment (the Circular). The Circular sets out the government’s policies and...more
Changes would reduce costs and improve certainty and efficiency for many foreign-invested enterprises in China, and potentially spur further FDI.
Amendment -
On September 3, 2016, the National People’s Congress...more
New amendments affect both new CIS applicants and existing CIS issuers.
The Stock Exchange of Hong Kong Limited (Stock Exchange) has recently published certain amendments on Chapter 20 of the Main Board Listing Rules...more
9/23/2014
Recognizing the recurrent income generating product nature, the SFC may lift some restrictions on investment scope for Hong Kong listed REITs.
On 27 January 2014, the Securities and Futures Commission (SFC) commenced...more
Public pressure over vulnerable populations spurs banks to act -
On 28 October 2013, 22 retail banks in Hong Kong launched the Treat Customers Fairly Charter (Charter) to enhance customer protection and education in...more