The Hong Kong Stock Exchange ("HKEx") raised USD 57.4 billion with 87 IPOs in 2010, making it the world's leading stock exchange in 2010 for funds raised.

In Hong Kong, the Securities and Futures Ordinance ("SFO") was introduced in March 2003 and powers of investigation were given to the Securities and Futures Commission ("SFC").

On 21 April 2010, the Securities and Futures Commission (the "SFC") published the "Consultation Paper on (1) proposal to stop commenting on routine announcements under the Codes on Takeovers and Mergers and Share Repurchases and (2) proposed miscellaneous amendments to the Codes".

In a reply from the State Administration of Taxation (SAT) of Mainland China to the Hong Kong Government dated 28 July 2011, the SAT clarified the arrangements in relation to tax payable to the Mainland China Government for dividends paid by non-foreign invested Mainland China companies listed in Hong Kong as follows:

Under s.268 of the Hong Kong Companies Ordinance ("CO"), the Hong Kong Court has a discretion to grant leave to Liquidators to disclaim "onerous property" within a 12 month time limit (or such extended period as granted by the Court).

On 29 March 2010, the Financial Services and the Treasury Bureau ("FSTB") published the "Consultation Paper on The Proposed Statutory Codification of Certain Requirements to Disclose Price Sensitive Information by Listed Corporations", which proposes to include in the Securities and Futures Ordinance a statutory requirement for a listed corporation to disclose to the public as soon as practicable "price-sensitive information" that has come to its knowledge.

Under s.268 of the Hong Kong Companies Ordinance ("CO"), the Hong Kong Court has a discretion to grant leave to Liquidators to disclaim "onerous property" within a 12 month time limit (or such extended period as granted by the Court).

The Fund provides monetary relief to employees when their employers become insolvent.

A new reporting regime for holders of net short positions in shares traded on the Hong Kong Stock Exchange is proposed to come into effect on 18 June 2012.

Structured finance is a financial instrument whereby an asset, such as a bond, or a pool of assets, such as residential mortgages, credit card repayments

Hong Kong is the market of choice in Asia for companies, including Hong Kong and Mainland Chinese companies, seeking to go public and raise funds in a world-class market.

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 Kong Exchanges and Clearing Limited (HKEx) intends to launch the new RMB Equity Trading Support Facility (TSF) as early as in the second half of 2011.

Further to our Legal Update entitled "The New RMB Equity Trading Support Facility" published on 12 May 2011, Hong Kong Exchanges and Clearing Limited (HKEx) issued updated Frequently Asked Questions (FAQ) on 30 May 2011 to reveal more details on the new facility.

Hong Kong Exchanges and Clearing Limited (HKEx) published its "Consultation Conclusions on Introduction of a T+2 Finality Arrangement for CCASS Money Settlement" on 7 July 2011 (Consultation Conclusions) in response to the corresponding consultation paper published on 27 November 2009 pursuant to which a new T+2 Finality arrangement for money settlement in the Central Clearing and Settlement System (CCASS) established and operated by Hong Kong Securities Clearing Company Limited (HKSCC) was intr

Sanyuan Group Ltd ("Sanyuan") which was a listed company on the Hong Kong Stock Exchange ("HKSE") and together with its subsidiaries (the "Group") were previously engaged in transportation, property investment and pharmaceutical/health care businesses.

In the Hong Kong Court of Appeal case of Wing Hang Bank Ltd v Kwok Lai Sim & Others, the security document signed by the surety/security provider in a "non-commercial" transaction was set aside, the bank’s claim against the security provider was dismissed and judgment was entered against the solicitors acting for both the bank and the surety/security provider for breach of duty of care as solicitors.

On 3 April 2020, the Hong Kong Monetary Authority (HKMA), Hong Kong Mortgage Corporation Insurance Limited (HKMCI), and a number of major banks held a meeting with representatives from the commercial sector.

The Stock Exchange of Hong Kong Limited (the Exchange), on 13 October 2010, announced interim guidance on pre-IPO investments, pending consultation on possible amendments to its Listing Rules (Listing Rules).

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.