Share This: Top stories There are some notable developments regarding the Stock Exchange of Hong Kong. Firstly, the Exchange updated a Listing Decision, in the context of an increasing number of attempted “takeovers” of listed issuers using “new” methods. It provided guidance where a disposal of assets by an issuer amounts to a “Very Substantial […]

Share This: Top stories There are some interesting enforcement actions by both the Stock Exchange and the Securities and Futures Commission (“SFC”). Directors’ duties is a recurring theme. In the Stock Exchange enforcement case, it is noteworthy that breaches of Listing Rules also have wider implications, evidencing the lack of an adequate and effective internal […]

Share This: Top stories This is a relatively quiet month for updates from the Stock Exchange and the Securities and Futures Commission (“SFC”). On the other hand, there are interesting developments in legislation, namely competition law and privacy. The Hong Kong Competition Commission (“HKCC”) publishes a draft leniency policy for consultation. This represents another step […]