Hong Kong Law

HKEX publishes the consultation conclusions on amendments to the Listing Rules on Corporate Governance with enhanced disclosure requirements for Hong Kong-listed companies to take effect on 1 July 2025

To incentivise issuers and financial institutions to issue digital bonds, the HKMA will offer grants of up to HK$2.5 million to reimburse certain expenses incurred on eligible digital bond issues in Hong Kong

HKEX published the results of 8 disciplinary actions against listed issuers and/or their directors between September and November 2024 involving, among others, loans granted without proper due diligence

The Hong Kong District Court has granted a default judgment against the operators of unlicensed crypto exchange, JPEX, in the first civil action against the JPEX platform brought by two plaintiffs

The Hong Kong Market Sounding Guidelines will take effect on 2 May 2025 which means that SFC-licensed and registered intermediaries that engage in market sounding need to comply with them by that date

In August 2024, the Hong Kong Exchanges and Clearing Limited (HKEX) issued a Consultation Paper on further expanding its paperless listing regime to improve operational efficiencies and reduce the use of paper

In his speech “Charting a Regulatory Roadmap for Hong Kong’s Virtual Asset Market”, the SFC’s Dr. Eric Yip outlined key initiatives to grow and regulate Hong Kong’s Fintech ecosystem and virtual asset market

The FSTB and HKMA are proposing to introduce a stand-alone new piece of Hong Kong legislation to establish the Hong Kong regulatory regime for fiat-referenced stablecoin issuers in Hong Kong

In July 2024, Hong Kong’s FSTB published its consultation conclusions on its proposed introduction of an inward re-domiciliation regime to allow companies incorporated overseas to re-domicile to Hong Kong

Hong Kong’s Chief Executive delivered his third Policy Address on 16 October 2024, “Reform for Enhancing Development and Building Our Future Together”.

On 23 August 2024, the Stock Exchange of Hong Kong Limited (HKEX) and the Hong Kong Securities and Futures Commission (SFC) announced temporary modifications to the requirements for Specialist Technology Companies and Hong Kong De-SPAC Transactions.

HKEX has published a Consultation Paper seeking feedback on proposals to reduce the minimum spreads – or tick sizes – of Hong Kong securities, including equities, REITs and equity warrants, in two phases.