On 19 June 2020, the SFC commenced proceedings in the Market Misconduct Tribunal against Tianhe Chemicals Group Limited and its executive director, Wei Xuan, under section 277 of the Securities and Futures Ordinance ...

For directors, the winding up of a company could be judgment day when their past misdeeds come back to haunt them.

In the current economic climate, more and more companies are getting into financial difficulties, informal workouts by debtor companies, with support from certain creditors, seem to be increasingly common.

The decision itself is currently under appeal but more generally, in the current economic climate, D&O insurers may expect an increase in claims made under D&O policies and that such claims will be pursued with increased vigour, especially by liquidators.

The main parts of the Companies (Amendment) Ordinance 2003 will come into effect on 13 February 2004 followed by certain important amendments to the Listing Rules of the Stock Exchange of Hong Kong Limited (the "Listing Rules") on 31 March 2003.

On 14 June 2024, The Stock Exchange of Hong Kong Limited (the Exchange) published a consultation paper outlining proposed amendments to the Corporate Governance Code (Code)...

On 25 June 2021, the Hong Kong Court of Appeal (CA) handed down its judgment in the Securities & Futures Commission (SFC)'s appeal against three former executive directors of EganaGoldpfiel (Holdings) Ltd, which is now in liquidation.

In this newsletter, we will discuss the key changes relating to the general meetings and shareholders' written resolutions under the new Companies Ordinance.

The FRC's 2024 reports highlight evolving governance standards: increased adoption of pre-emption principles, improvements in Code compliance, and emphasis on risk management and stakeholder engagement. Meanwhile, the FCA fined an executive for MAR breaches, reinforcing regulatory expectations.

On 16 January 2025, the Securities and Futures Commission ("SFC") and The Stock Exchange of Hong Kong Limited ("HKEX") collaborated in enforcement actions against Mainboard-listed FingerTango Inc.

Rule 26 is a fundamental provision of the Code on Takeovers and Mergers ("Takeovers Code") to ensure transparency and fairness in corporate control transactions and to protect the interests of minority shareholders.

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.

In Hong Kong, there is a general perception in the market that deregistration is simpler, quicker and less expensive when disposing a private limited company.

Under section 275 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance, if during the winding-up of a company liquidators discover that the business was carried...

Do you offer loans or quasi-loans to your directors in your service contracts?

Recent legal developments in Mainland China and Hong Kong have introduced new challenges to Mainland Chinese high-net-worth individuals (HNWIs) in protecting their assets from creditors' claims.

Approximately 1,000 companies are listed on the Stock Exchange of Hong Kong Limited (the “Stock Exchange”) now and many of these companies are family controlled or government/state owned enterprises.

Some of you may have seen or heard a recent TV or radio commercial in Hong Kong in which three famous TV stars announce that the names of the "Lingzhi" Chinese herb products which they have been promoting in a series of advertisements over the last two years have now been changed to "2036".

When The Stock Exchange of Hong Kong Limited concluded the discussion surrounding Weighted Voting Rights in April 2018, only individuals who have been materially responsible for the growth of the innovative company could benefit from WVR.

Many charities or non-profit organisations (communities or clubs) choose to incorporate as a Hong Kong limited company.