The new framework will introduce a mandatory holistic consultation process, a longer exposure period for the draft prospectus, and a more liberal principal adviser regime.
July 22, 2020The new closed-end investment vehicle will enable investment in debt paper issued by large and medium-sized corporations, to help avert credit and liquidity crises.
July 13, 202014 GF Securities officers have also been barred from investment banking. The enforcement action is related to a $12.6bn fraud at drugmaker Kangmei Pharmaceutical.
July 13, 2020The SFC says Listing Department personnel should not attend business meetings with prospective listing applicants, and HKEX should further reinforce ‘Chinese Walls’.
July 4, 2020Requirements on capital, profitability and net assets have been relaxed to pave the way for new listings from start-ups and tech firms.
July 4, 2020Index stocks with risk warnings will be removed, CDRs and STAR Market stocks will be included, and the timeframe for including newly-listed stocks will be extended.
June 22, 2020FPOs will still be allowed to proceed if show cause notices or prosecution proceedings are still ongoing, or it securities law violations have been recently settled.
June 11, 2020Nasdaq-listed Chinese companies Netease and JD.com are planning to launch secondary listings in Hong Kong, amid concerns that their US listings could be at risk.
June 3, 2020Only professional investors would be allowed to buy or sell shares on the new platform, which would be independent of Taiwan's other fundraising markets.
May 25, 2020New legislation passed in the US Senate will require companies to submit to an audit that can be reviewed by the PCAOB, and de-list firms that at noncompliant for three years.
May 22, 2020