Hong Kong Corporate & Regulatory Insights – January 2023

The Stock Exchange of Hong Kong (SEHK) takes disciplinary action against China Bright Culture Group (stock code: 109) and two current and former executive directors -

Key message:

• Newly-listed companies must keep the investing public informed about the plans and prospects of the issuer, including transactions involving substantial outflows of money around or shortly after the listing.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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