HKEX Treasury Shares Regime and Proposed Company Re-domiciliation Regime in Hong Kong
The webinar delves into two significant regulatory topics: the Treasury Shares Regime and the Proposed Company Re-domiciliation Regime.
In the Treasury Shares part, the discussion covers the reasons behind introducing HKEX’s Treasury Shares Regime, the consultation on proposed changes in October 2023, removal of the requirement to cancel repurchased shares, treating the resale of Treasury Shares as a New Issue, measures to mitigate market manipulation and insider dealing, requirements for new listing applicants, consequential listing rule changes, implications under the Takeovers Code and Disclosure of Interests regime.
Shifting focus to the Proposed Company Re-domiciliation Regime, the webinar explores the policy framework, eligibility criteria, application process, tax arrangements, and safeguards for national security during the re-domiciliation process. This part offers a detailed examination of these regulatory frameworks and their impacts on market practices and corporate strategies.