China State Administration of Foreign Exchange ("SAFE") issued the "Circular on Issues Relevant to Improving the Foreign Exchange Administration Regarding Mergers & Acquisitions by Foreign Investors" ("January Circular") on 24 January 2005 and the "Circular on Issues Relevant to Registration Regarding Foreign Investment by Domestic Residents and Foreign Exchange Registration Regarding Mergers & Acquisitions by Foreign Investors" ("April Circular") on 21 April 2005.

A recent decision of the District Court of Hong Kong which interpreted a warranty clause relating to spam very narrowly has once again highlighted the fact that wide warranties in service contracts may not prove to be that useful.

Asset managers and their legal advisers generally assume that investment funds (e.g. unit trusts) that are intended to be marketed to the investing retail public in Hong Kong must be authorized by the Securities and Futures Commission ("SFC") pursuant to one of the applicable codes issued by the SFC. Our research shows that this may not be so.

On 4 October 2004, the Hong Kong High Court made Winding-up Orders against Zhuhai Municipal Government's "window company" Zhu Kuan Group Company Limited ("ZK Group") and its Hong Kong subsidiary Zhu Kuan (Hong Kong) Company Limited ("ZK HK")

This weekly bulletin examines major developments across Asia's gaming sector, from Hong Kong Jockey Club's record-breaking HK$331.7 billion turnover and Pansy Ho's succession insights, to Macau casino operators leveraging luxury retail growth and South Korea's regulatory restructuring to combat illegal online gambling. The analysis explores how integrated resorts are diversifying revenue streams while governments intensify enforcement against offshore platforms.

In line with company law reforms in other major commercial jurisdictions and with a greater awareness of corporate governance and small investor’s rights, China has recently made substantial amendments to its Company Law as part of its continuous effort to develop its legal system. The amended PRC Company Law came into effect on 1 January 2006.

As part of The Stock Exchange of Hong Kong Limited’s (the "Stock Exchange") environmental friendly initiative to reduce the requirement for printed materials within the confines of the existing regulatory framework,

Hactl partners with HKTDC at Paris Fashion Week to showcase sustainable fashion from Hong Kong designers, while the city launches its third Fashion Fest and hosts the 45th Watch & Clock Fair. Meanwhile, a McKinsey report reveals how AI adoption and shifting consumer preferences are reshaping the global luxury market, with China emerging as the primary growth driver through 2030.

Hong Kong athletes achieve historic victories at international competitions, with Henson Chan becoming the city's first official IYYF world yoyo champion and table tennis stars securing multiple medals at WTT Grand Smash Sweden. Meanwhile, Kai Tak Sports Park's innovative ticket stub economy expands to 30% of merchants, and the DAB proposes a comprehensive five-year sports industry development plan to strengthen Hong Kong's position as a global sports hub.

The Hong Kong Insurance Authority (IA) has recently published the "Guideline on Application for Authorization to Carry on Special Purpose Business" (the Guideline) which came into force on 30 June 2021.

Delivering the 2024 policy address, titled 'Reform for Enhancing Development and Building Our Future Together' on 16 October...

AI remains a top investment priority, with 69 percent of CEOs planning to allocate 10–20 percent of their budgets to AI over the next 12 months.

On the heels of one of the most volatile periods in recent market history, politicians and commentators have questioned whether some investment products are too risky or too complex for retail investors.