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Key Regulatory Updates for Hong Kong Listed Companies - July/August 2024

The updates include a consultation paper on a new phase of paper listing and a joint announcement on temporary modifications to requirements for specialist technology companies and de-SPAC transactions....more

Hong Kong Issues Guidance on Automatic Share Buyback Programs

The SEHK guidance sets out the framework for its assessment in considering a waiver application of the increasingly popular automatic share buyback program. The Stock Exchange of Hong Kong Limited (the SEHK) has issued a...more

Hong Kong Stock Exchange Publishes SPAC Consultation Conclusions

The paper sets out the long-awaited framework for a SPAC listing regime in Hong Kong, which will become effective 1 January 2022. On 17 December 2021, the Stock Exchange of Hong Kong Limited (the Exchange or HKSE) published...more

China’s SASAC Releases Guidance on Compliance Management for Central Stated-Owned Enterprises

The pilot guidance may help multinational companies address certain challenges they have previously faced when doing business with Chinese SOEs. Key Points: ..Following extensive research and consultation, the SASAC has...more

China Issues Formal Guidance for Outbound Direct Investments

Key Points: ..The guidelines classify outbound investment into three groups: encouraged, restricted, and prohibited transactions. ..China will promote outbound direct investments transactions that are strategically...more

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