Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 10 JUNE 2011

Implementation Of New Rules On Ex-entitlement Trading

Mayer Brown
Mayer Brown
Contributor
Mayer Brown

Mayer Brown

Mayer Brown is a leading international law firm positioned to represent the world’s major...

View firm profile
Explore more from Mayer Brown

Hong Kong Exchanges and Clearing Limited (HKEx) published its "Consultation Conclusions on Ex-entitlement Trading and Shareholder Approval" (Consultation Conclusions) on 20 May 2011 in response to its corresponding consultation paper issued on 17 December 2010.

Hong KongFinance and Banking
Jeckle Chiu
Jeckle Chiu
Juliana Lee
Juliana Lee
Author LinkedIn connections

Originally published on 8 June 2011

Keywords: new rules, ex-entitlement trading, HKEx, shareholder approval

Hong Kong Exchanges and Clearing Limited (HKEx) published its "Consultation Conclusions on Ex-entitlement Trading and Shareholder Approval" (Consultation Conclusions) on 20 May 2011 in response to its corresponding consultation paper issued on 17 December 2010 in relation to whether shares should be traded ex-entitlement only after the entitlement has been approved by shareholders.

Proposals Adopted

As explained in the Consultation Conclusions, the following proposals have been adopted by HKEx:

  • Shares should be traded ex-entitlement (for conditional entitlement) only after shareholders' approval. It is viewed that such new rule would help to eliminate the risk of uncertainty in relation to trading of shares during the period from the ex-date to the date of general meeting. It might also promote a fair and orderly market as shares could be traded in

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

DOL Announces Enforcement Actions Against Employers In H-1B And PERM Fraud Probe

The Trump Administration has launched an unprecedented enforcement action suspending permanent labor certification processing for eight major employers, linking immigration sponsorship to layoff histories and recruitment practices. This development signals a fundamental shift in how the government evaluates employer access to H-1B and green card programs, with investigations already underway and subpoenas served.
United StatesEmployment and HR
Mayer Brown
Mayer Brown
Article

Trump Administration Announces New Enforcement Actions Against Employers In H-1B And PERM Fraud Probes

The Trump Administration has launched an unprecedented investigation into H-1B visa and PERM labor certification programs, with the Department of Labor's Office of Inspector General issuing dozens of subpoenas and suspending employers' ability to process applications. Federal agencies are deploying new enforcement tools including whistleblower programs and criminal prosecution threats...
United StatesImmigration
Mayer Brown
Mayer Brown
Article

Landmark DoorDash Settlement Confirms NYC DCWP’s Aggressive Enforcement Posture

New York City's Department of Consumer and Worker Protection secured a landmark $131.5 million settlement with DoorDash, marking the largest worker settlement in the city's history and the largest involving food delivery workers nationwide. The agreement provides over $115 million in direct compensation to more than 260,000 delivery workers who were underpaid, unpaid, or paid late, while establishing a comprehensive three-year compliance monitoring program.
United StatesEmployment and HR
Mayer Brown
Mayer Brown
Article

SEC Staff Statement On Fair Value Measurement And Disclosure Considerations For Private Assets

The SEC Staff has issued new guidance addressing fair value measurement and disclosure practices for private credit and other illiquid assets held by registered funds and business development companies. As private credit portfolios have grown nearly 60% since 2020, reaching $270 billion, regulators emphasize the critical importance of robust valuation methodologies, transparent disclosure of significant judgments, and careful application of accounting standards when market prices are unavailable.
United StatesAccounting and Audit
Mayer Brown
Mayer Brown
Article

Contracting Opportunities And Challenges For Emerging Agentic AI Companies

Emerging providers of AI agents face unique contracting challenges as autonomous AI tools evolve beyond traditional SaaS models. This analysis examines critical issues in defining agent authority, structuring pricing models, calibrating warranties, and navigating regulatory uncertainty. How should providers balance customer expectations with the unpredictable nature of autonomous AI systems?
United StatesMedia, Telecoms, IT, Entertainment
Mayer Brown
Mayer Brown