Two former directors misappropriated assets by paying an IPO consultant who subsequently rerouted the funds back to the directors.
March 6, 2024The reforms will enable enterprises to more easily list on GEM, reduce the burden of continuing obligations, and streamline the process for transfers to the Main Board.
December 18, 2023Stamp duties on property purchases and securities transactions were reduced. A new fund distribution platform will be developed.
October 26, 2023The proposals include a new transfer mechanism for GEM companies to transfer to the Main Board and a new eligibility test for initial listing on the GEM board.
September 27, 2023CFA Institute and CFA Society Hong Kong call for auditor oversight and proportionate approach to climate disclosure with differentiated requirements for GEM issuers.
August 7, 2023Peter Law convinced clients to buy and hold a stock that was being manipulated by collaborators in exchange for a commission.
April 27, 2023DBS launched its China securities joint venture last June. If approved, the new subsidiary would be used to sponsor stock listings.
March 30, 2023A Convoy Asset Management consultant was banned for life for his role in a stock manipulation scheme and for lying to the SFC.
March 5, 2023Lee's administration will work to speed up the implementation of mutual market access arrangements with the mainland, among other measures.
October 20, 2022The SFC said there was a need to send a "strong deterrent message" to the industry and market that "sponsor failures will not be tolerated".
August 4, 2022