News & Analysis as of

Hong Kong

Morrison & Foerster LLP

Re-domiciling Companies to Hong Kong

From May 23, 2025, companies may transfer their domicile to Hong Kong under a new regime which will allow them to preserve their legal identity and will not interrupt business operations. To qualify, companies must meet...more

Seyfarth Shaw LLP

Hong Kong Launches Company Re-domiciliation Regime

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In a move to enhance Hong Kong’s status as a global business and financial hub, and to attract foreign companies to take advantage of Hong Kong’s taxation system and professional services–thereby encouraging investment and...more

BCLP

Hong Kong High Court Grants Injunction to Enforce Restrictive Covenants

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In two separate decisions in April 2025, the Hong Kong High Court first refused, but then allowed, an IT company’s application for an interlocutory injunction to enforce post-termination restrictive covenants against its...more

Morgan Lewis

Fiat-Backed Stablecoin Regulation Compared: UK, EU, Hong Kong, and US

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This LawFlash compares the regulatory requirements (as currently proposed or established) on single fiat-backed stablecoin issuers in the United Kingdom, European Union, Hong Kong, and the United States....more

Morgan Lewis

Hong Kong’s Stablecoins Ordinance to Take Effect August 1: An Overview of the Regulatory Framework

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On June 6, 2025, the government of Hong Kong published in the Gazette a notice to appoint August 1, 2025 as the effective date for the Stablecoins Ordinance (Cap. 656) following passage of the Stablecoins Bill on May 21,...more

Herbert Smith Freehills Kramer

Hong Kong listing pathway for closed-ended alternative asset funds – our latest thoughts A recent SFC circular has generated...

A recent circular issued by the Hong Kong Securities and Futures Commission (SFC) has created a pathway to listing closed-ended alternative asset funds in Hong Kong, generating interest among both local private market...more

Hogan Lovells

APAC AI Watch Series | Hong Kong

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Asartificial intelligence continues to reshape industries, understanding the evolving regulatory landscape is more critical than ever. Our new APAC AI Watch series offers in-depth analysis of key legal developmentsacross...more

White & Case LLP

AI Watch: Global regulatory tracker - Hong Kong

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Hong Kong lacks comprehensive AI legislative framework but is developing sector-specific guidelines and regulations, and investing in AI. Laws/Regulations directly regulating AI (the "AI Regulations") At present, Hong...more

Seyfarth Shaw LLP

Enforcing U.S. Judgments in the Far East: Where to Start?

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You may have a judgment from a United States court against a Chinese company, and are about to contemplate the possibility of enforcing it in the far east. Prior to the commencement of your enforcement journey, perhaps you...more

Shipman & Goodwin LLP

U.S. Department of State to Revoke Visas of Certain Chinese Students and Enhance Visa Scrutiny for Citizens of China and Hong Kong

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On May 28, 2025, Secretary of State Marco Rubio announced that the U.S. Department of State (DOS) will work with the U.S. Department of Homeland Security (DHS) to “aggressively revoke” visas for Chinese students, “including...more

BCLP

Construction Industry Participants Beware: CISG and CISOP and Their Impact on Overseas Procurement

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It is common for construction industry participants to source various machinery, materials or components from overseas for construction projects in Hong Kong, or to have part of the construction and fabrication or assembly...more

Ius Laboris

Implementing AI Guidelines in Hong Kong

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Hong Kong’s Privacy Commissioner for Personal Data (PCPD) recently published Guidelines for the Use of Generative AI by Employees. We look at the key points contained in the Guidelines below....more

BCLP

Hong Kong Stablecoins Bill passed by LegCo

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Stablecoins are cryptocurrencies with values tied to fiat currencies or other assets, and are often said to be “pegged to” a single or a basket of fiat currents and/or other assets....more

K&L Gates LLP

Europe: Ireland Agrees Mutual Recognition of Funds Framework With Hong Kong

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The Central Bank of Ireland (CBI) and the Securities and Futures Commission of Hong Kong (SFC) entered into a Memorandum of Understanding on 14 May 2025 establishing a framework for the mutual recognition of funds (MRF)...more

Ius Laboris

Out of Sight, Out of Mind? Managing Misconduct in ‘Satellite Offices’

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For multinational corporations looking to establish a presence in Asia, the creation of regional offices in locations such as Hong Kong or mainland China can be a strategic move. Setting up these so-called ‘satellite offices’...more

Seyfarth Shaw LLP

Managing cross border sexual harassment investigations in Australia and Asia––10 key considerations for employers (Part 2)

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In Part 2 of our series, we’ll look at who forms part of an investigation team, how location affects which laws apply to an investigation, notification and timing requirements. (Part 1 covers the definition of ‘workplace’...more

Thomas Fox - Compliance Evangelist

Regulatory Ramblings: Episode 70 – Lessons for Compliance from a Law Enforcement Career + Regional Geopolitical Risks in 2025 with...

Today’s podcast begins with a spotlight conversation between Steve and Regulatory Ramblings host Ajay Shamdasani, discussing regional threats to expect in 2025. The uncertainty in the ongoing trade war between the US and...more

Seyfarth Shaw LLP

Recent Passing of Hong Kong Stablecoins Bill

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On May 21, 2025, Hong Kong’s Legislative Council passed the Stablecoins Bill, establishing a regulatory framework for stablecoins–cryptocurrencies whose value is tied to an external asset or commodity. This marks an important...more

BCLP

HK Court Grants Worldwide Mareva and Appoints Interim Receivers in Aid of Enforcing Arbitral Awards

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In 周惠明 v 挪信新能源科技 ( 南通 ) 有限公司 [2025] HKCFI 1503h, the Hong Kong Court of First Instance ordered (a) that worldwide Mareva injunctions be continued, and (b) that interim receivers be appointed over the assets of the respondent...more

Latham & Watkins LLP

Tackling Greenwashing: Singapore's Approach and APAC's Evolving Regulatory Landscape

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Singapore shows leadership in a diverse APAC market where the race is on to strengthen transparency in environmental claims and combat greenwashing....more

BCLP

HK Releases Guideline Concerning Generative AI

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On 15 April 2025, the Hong Kong Government’s Digital Policy Office published the Hong Kong Generative Artificial Intelligence Technical and Application Guideline (“Guideline”), which aims to provide operational guidance for...more

Seyfarth Shaw LLP

Managing cross border sexual harassment investigations in Australia and Asia––10 key considerations for employers (Part 1)

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Seyfarth recently hosted a webinar entitled ‘Managing Cross-Border Sexual Harassment Investigations in Australia and Asia’, addressing the practical considerations that employers should be aware of when investigating...more

Jones Day

Hong Kong's Highest Court Issues Ruling on Keepwell Deeds

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On March 19, 2025, the Hong Kong Court of Final Appeal ("CFA") issued a landmark ruling on the enforceability of "keepwell deeds" in Peking University Founder Group Company Limited v. Nuoxi Capital Limited....more

Dorsey & Whitney LLP

U.S. Agrees to Lower Tariffs on Imports from China and United Kingdom; Trump Administration Launches New Investigation Into...

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On May 12, 2025, President Trump issued an executive order temporarily reducing the “reciprocal” tariffs on China, Hong Kong, and Macau origin goods from 125% to 10%, and lowering tariffs imposed on international mail parcels...more

Fisher Phillips

Hong Kong Releases New Guidelines on Generative AI in the Workplace: What Employers Should Know

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Businesses with employees in Hong Kong should be aware of new guidelines aiming to help companies develop policies on generative AI use in the workplace. Although the new guidelines are not binding, they are meant to align...more

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