On 30 August 2022, the Hong Kong Court of Appeal overturned the Court of First Instance's decision in the case of Guy Kwok-Hung Lam v Tor Asia Credit Master Fund LP and held that a creditor's bankruptcy petition presented in Hong Kong should not be allowed to proceed.

COVID-19 has created unforeseen challenges to businesses all over the world, resulting in many companies being unable to survive the pandemic

The Hong Kong Court of Final Appeal has taken a practical approach in interpreting the second core requirement, out of three needed, for a Hong Kong Court to exercise its discretion to ...

The corporate landscape in Asia is always evolving. Here, James Webb, Daniel Moore and Tiffy Wan explore the complexities...

The recent English case of Re Avanti Communications Limited (in administration) is a helpful first instance case for secured lending and will also be welcomed by borrowers and lenders in Hong Kong.

Updates to investing rules in Hong Kong

With effect from 1 January 2013, Listing Rule 37.47 of the Rules governing the Listing of Securities (the "Listing Rules") on the Hong Kong Stock Exchange (the "Exchange") requires issuers and guarantors to:

Fried Frank advised leading accessories brand Coach in connection with its December 1st listing of Hong Kong depositary receipts (HDRs) representing Coach common stock on the Hong Kong Stock Exchange.

Hong Kong is an attractive place for PRC and international companies to do fund raising. The Hong Kong Stock Exchange currently ranks 8th in the world by market capitalization while Shanghai, Singapore and Shenzhen are in 14th, 21st and 24th position respectively.

オフショア企業は、大規模な中国を拠点とする企業集団のデット・ファイナンス取引を促進するために用いられます。社債の発行という点

Hong Kong's licensing and regulatory framework for fiat-referenced stablecoins came into effect on 1 August 2025, regulating the issuance, offering and marketing of fiat-referenced stablecoins in Hong Kong.

The Quincecare duty has become a popular tool for companies (or their liquidators) to claim against banks for funds misappropriated on wrongful payment instructions.

Family Offices have evolved from small and intimate entities, serving the needs of a single family, into sophisticated organisations, employing some of the world's most exceptional professionals.

This article provides an overview of the rights and positions of creditors and security holders under Hong Kong law in relation to an entity that has been wound-up (the Wound-up Entity) and its related China company(ies) or person(s) (each a Related Entity) following a Court winding-up order.

Asian exchange-traded fund ("ETF") markets are poised for imminent rapid growth.

Stablecoins, digital currencies pegged to other conventional assets like fiat money or commodities, have become widely used in areas ranging from cross-border payments and remittances to decentralized finance.

A judgment handed down by the Hong Kong Court of Final Appeal (CFA) provides some important analysis of the so-called Quincecare duty of care...

Insolvency litigation witnessed intriguing developments across multiple aspects in Hong Kong in 2023, ranging from the court's updated Practice Direction on Bankruptcy and Winding-Up Proceedings...

During economic downturns, even businesses with strong long term prospects may face real short term working capital challenges and the ensuing prospect of corporate bankruptcy.