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  • Article

    Policy On Share Trading Suspension

    The Stock Exchange of Hong Kong Limited (SEHK) published a letter to issuers and market practitioners on 30 June 2011 to remind them about their policy and practice in relation to share trading suspensions.
    Hong KongFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Tighter restriction on pre-IPO investments in Hong Kong

    The Hong Kong Exchange and Clearing Limited (HKEx) recently provided interim guidance on pre-IPO investments to clarify uncertainties among market practitioners in relation to pre-IPO investments. It is anticipated that HKEx will issue a consultation paper on possible amendments to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (Listing Rules) in this regard.
    Hong KongFinance and Banking
    King & Wood Mallesons
    King & Wood Mallesons
  • Article

    Companies Law & Winding Up of an Unregistered Foreign Company in Hong Kong

    Beauty China Holdings Limited (the "Company") was incorporated in the Cayman Islands and its shares were listed on the main board of the Singapore Exchange Securities Trading Limited.
    Hong KongCorporate/Commercial Law
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    Consultation Conclusions On The Evidential Requirements Under The Securities And Futures (Professional Investor) Rules

    Securities and Futures Commission (SFC) published its "Consultation Conclusions on the Evidential Requirements under the Securities and Futures (Professional Investor) Rules" (PI Consultation Conclusions) on 23 February 2011 in response to its corresponding consultation paper published on 4 October 2010.
    Hong KongCorporate/Commercial Law
    Mayer Brown
    Mayer Brown
  • Article

    PRC Laws: Public Shareholders in China can now Attend Shareholders´ Meeting of Listed Companies

    Although Zhang, a stockbroker, has been a shareholder of various public listed companies in China for about 4 years, he was only invited to his first shareholders' meeting in December 2004.
    Hong KongCorporate/Commercial Law
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    HKEx Listing Decision on Share Option Exercise Price

    Hong Kong Exchanges and Clearing Limited (HKEx) published its listing decision "HKEx-LD9-2011" on 29 April 2011 to determine whether The Stock Exchange of Hong Kong Limited (SEHK) should waive the requirement on the exercise price of share options for a share option scheme of a PRC listed issuer (Listco B) in relation to issue of new A shares.
    Hong KongFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Hong Kong Court Of Appeal Upholds Ship Mortgagees' Rights In The "Brightoil Glory" [2019] HKCA 561

    Brightoil Petroleum (Holdings) Limited is a Hong Kong-listed company engaged in oil trading and marine transportation. Its shares have been suspended from trading on the Hong Kong Stock Exchange (HKEX) since October 2017
    Hong KongFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Hong Kong Court of Appeal Upholds Ship Mortgagees' Rights in The "Brightoil Glory" [2019] HKCA 561

    Brightoil Petroleum (Holdings) Limited is a Hong Kong-listed company engaged in oil trading and marine transportation. Its shares have been suspended from trading on the Hong Kong Stock Exchange ...
    Hong KongLitigation, Mediation & Arbitration
    Mayer Brown
    Mayer Brown
  • Article

    Securities: Right Of Silence Before The Insider Dealing Tribunal

    A recent Court of Appeal judgment in the case of Koon Wing Yee and Chan Kin Shing Sonny vs Insider Dealing Tribunal in which our firm acts for the 2nd Appellant, has ruled that the Hong Kong Insider Dealing Tribunal’s power to summon or require an implicated person to give evidence as unconstitutional.
    Hong KongFinance and Banking
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    Stock Exchange of Hong Kong: Third Party Clearing At Last

    On December 3, 2007, after several years of discussions, the Stock Exchange of Hong Kong introduced third party clearing.
    Hong KongFinance and Banking
    Timothy Loh LLP
    Timothy Loh LLP
  • Article

    CFA Rules On HOS Flat Ownership Dispute

    The Court of Final Appeal delivered its judgment in the case of "Cheuk Shu Yin v. Yip So Wan and Lo King Fai" and the case of "Ling Wing Fai Billy, Lam Wa and another v. Ling Shui Fai, Chu Yuen Lun Garmen and others" on 13 November 2012.
    Hong KongReal Estate and Construction
    Mayer Brown
    Mayer Brown
  • Article

    Trial Of Compensation Cases For Tort Involving Audit Businesses Of Accounting Firms

    Several Provisions of the Supreme People’s Court on the Trial of Compensation Cases for Tort Involved in the Audit Business of Accounting Firms.
    Hong KongAccounting and Audit
    Sit Fung Kwong & Shum
    Sit Fung Kwong & Shum
  • Article

    Listing on the Hong Kong Stock Exchange by Introduction

    Listing on the Hong Kong Stock Exchange by way of introduction received some attention recently as a result of the suspension of trading in the shares of Asian Citrus Holdings Ltd, China’s biggest orange plantation just 2 hours after trading on the opening day and in June 2010, the listing of London listed insurer Prudential PLC where Prudential added another trading venue in Hong Kong without raising additional funds as no new shares were issued in Hong Kong.
    Hong KongFinance and Banking
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    The "One Focused Line of Business" Requirement for Listing on the Hong Kong Secondary Board

    Under the Hong Kong secondary board GEM Listing Rules, a new applicant applying for a GEM listing is required to demonstrate that throughout its active business pursuit period ("ABP Period") it has, either by itself or through one or more of its subsidiaries, actively pursued one focused line of business.
    Hong KongFinance and Banking
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    Hong Kong Court Grants Declaratory Relief For Unclaimed Vehicles At Car Park

    Hong Kong's District Court recently granted a car park operator default judgment in ATL Logistics Centre Hong Kong Ltd v. Wellfit Chun Yip Logistics Ltd DCCJ 3840/2023 for unpaid parking charges...
    Hong KongFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Listing Decision On Waiver Of Connected Transaction Requirements

    Hong Kong Exchanges and Clearing Limited (HKEx) published its listing decision "HKEx-LD16-2011" on 29 July 2011 pursuant to which it decided to waive certain connected transaction requirements in relation to the possible issue of new A shares by a dual-listed company (Listco X) to its connected persons under a proposed public offer in Mainland China.
    Hong KongFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Proposed Amendments to the Takeovers Code

    The Securities and Futures Commission (SFC) published its "Consultation Paper on (1) the proposal to amend the requirements for property valuation in the Codes on Takeovers and Mergers and Share Repurchases, (2) the proposed amendment relating to confirmations of independence in placing and top-up transactions and (3) the timing for payment of acceptances" (Consultation Paper) on 24 August 2011 to solicit comments from the public to amend certain provisions of the Code on Takeovers and Mergers (
    Hong KongFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Securities Law - Disqualification Order Under The Securities And Futures Ordinance

    Ong Hong Hoon (“Ong”) was the executive director of GP NanoTechnology Group Limited, formerly known as Guang Ping NanoTechnology Group Limited (the “Company”) previously listed on the Growth Enterprise Market (“GEM”) of the Stock Exchange of Hong Kong Limited (“HKSE”) and de-listed in June 2005.
    Hong KongFinance and Banking
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    The Emergence Of Stapled Securities And Business Trusts In Hong Kong

    On 2 June 2011, PCCW Limited (stock code 8) announced that the Hong Kong Stock Exchange has confirmed it may proceed, subject to certain conditions, with a proposed spin-off which is expected to involve stapled securities.
    Hong KongFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    New Hkex Guidance Concerning Prospectus To Be Issued Within 3 Months Of End Of The Latest Financial Year

    On 12 October 2011, The Stock Exchange of Hong Kong Limited (the "HKEx") issued "HKEx Guidance Letter HKEx-GL25-11" ("GL25-11") regarding the conditions for waivers from strict compliance with the requirement to include three years’ financial statements in prospectuses pursuant to Rule 4.04(1).
    Hong KongCorporate/Commercial Law
    Paul Hastings LLP
    Paul Hastings LLP

Showing 21–40 of 78 results

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