The working group will publish a report in early 2022 and present its findings and policy recommendations, to US and global regulators.
May 12, 2021The three-year profit requirement will be raised from HK$50mn to HK$80mn, compared to the HK$125mn or HK$150mn options proposed in November.
May 6, 2021Ant Group founder Jack Ma and his relationships with state firms and local officials are also being examined as part of the government’s investigation.
April 29, 2021Ant Group will have to accept greater regulatory supervision, improve its corporate governance, and separate some of its businesses.
April 13, 2021The financial holding company will be separate from JD Digits’ other technology businesses, and is aimed at achieving compliance with new rules for China’s fintech sector.
April 13, 2021A dual-class share system would help more unicorns to consider listing in the local market, KRX chairman Sohn Byung-doo says.
April 8, 2021Currently, alternative investment funds that acquired shares 180 days before an IPO are subject to a 365-day lock-up period.
April 2, 2021At least 90 percent of IPO proceeds will have to be placed in escrow pending a SPAC's acquisition of a target company.
April 2, 2021Companies will be required to conduct a public offering of at least 10 percent of their shares within one year from closing a transaction that results in a backdoor listing.
March 18, 2021The new rule will allow businesses to raise funds on the exchange by listing their preferred shares without listing their common shares.
March 17, 2021