Search results

On 26 April 2013, The Stock Exchange of Hong Kong Limited (the Exchange) published two sets of consultation papers on reforming the connected transaction rules.

On 12 December 2012, the Hong Kong Securities and Futures Commission published its consultation conclusions on enhancing the regulatory regime of sponsors.  In this briefing, we discuss certain selected changes and proposals which may have a more profound...

Cornerstone investors have become a regular feature of Asian IPOs over recent years. Cornerstone investors are usually sovereign wealth funds, institutional investors or, in the case of Hong Kong, local tycoons. They are important not only because they guarantee...

In Hong Kong, takeovers by way of schemes of arrangement are subject to a number of voting thresholds.  Under the Hong Kong Takeovers Code, they need to be approved at a shareholders' meeting by at least 75% of the votes attaching to the shares owned...