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Conclusions focus on market quality and on investor protection Profit Requirement to increase 60 per cent, with effect from 1 January 2022 Proposals relating to disciplinary powers and sanctions to be implemented with effect from 3 July 2021 The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and …

Exchange Publishes Consultation Conclusions on (1) The Main Board Profit Requirement and (2) Review of Listing Rules Relating to Disciplinary Powers and SanctionsRead More »

Exchange seeks comments on proposals to enhance Corporate Governance Code New proposals include new diversity requirements to end single-gender boards among listed issuers The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), today (Friday) published a consultation paper (Consultation Paper)outlining proposed enhancements to the …

Exchange Publishes Consultation Paper on Review of Corporate Governance Code and Related Listing RulesRead More »

Streamlined requirements with a single set of shareholder protection standards to ensure consistent protection is provided to all investors Expansion of secondary listing regime for overseas-listed Greater China companies from traditional sectors without weighted voting rights Greater flexibility for issuers seeking dual-primary listings whilst maintaining their existing weighted voting right structures and variable interest entity …

Exchange Seeks Views on Reforms to Enhance Listing Regime for Overseas IssuersRead More »

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it will implement the second phase enhancement of the Volatility Control Mechanism (VCM) in its securities market on 29 March 2021. The first phase enhancements were successfully launched in May 2020, and currently only one trigger per applicable security is allowed in each …

HKEX to Implement VCM 2nd Phase Enhancement on 29 MarchRead More »

The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has today (Wednesday) updated its guidance letter related to disclosure in listing documents of biotech companies. The updated Guidance Letter, HKEX-GL107-20, provides guidance on presenting fair, balanced and accurate disclosure and additional expectations on disclosing …

Exchange Updates Guidance Letter for Biotech CompaniesRead More »

Hong Kong Exchanges and Clearing Limited (HKEX) notes the decision to delist some structured products by some issuers, as a direct result of the US imposed sanctions. We do not believe this will have a material adverse impact on Hong Kong’s structured products market, the largest in the world with over 12,000 listed products. HKEX …

HKEX Statement on Structured ProductsRead More »

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Thursday) that its wholly-owned subsidiary, Hong Kong Securities Clearing Company Limited (HKSCC), will launch a new service to make it easier for investors to exercise their shareholder rights, such as to call general meetings, by facilitating the submission of requisitions to listed Issuers. …

HKSCC Launches New Service to Facilitate Lodging of Shareholders’ Written RequisitionsRead More »

STAGE will anchor Asian sustainable finance ecosystem, providing greater access and transparency on products and also resources on sustainable finance-related information Online Green and Sustainable Product and Resource Repository and introduction of additional voluntary reporting for Asia’s sustainable finance products Supports Hong Kong Government’s commitment for the city to become the Green Finance hub of …

HKEX Launches STAGE, its Sustainable and Green ExchangeRead More »

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) that its wholly-owned subsidiary, The Stock Exchange of Hong Kong Limited (SEHK), has reached an agreement with Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) on the Stock Connect inclusion arrangements for eligible pre-revenue biotech companies listed in Hong Kong, as …

HKEX Announces Stock Connect Expansion ArrangementsRead More »

Hang Seng TECH Index Futures to launch on 23 November 2020 Hang Seng TECH Index Options to launch on 18 January 2021 Trading fee discount and SFC Commission Levy Exemption will be applied to newly launched contracts Hong Kong Exchanges and Clearing Limited (HKEX) is today (Thursday) pleased to announce it will introduce futures and …

HKEX to Introduce Futures and Options on Hang Seng TECH IndexRead More »