1. 背景与目标 香港交易所(联交所)发布了一项关于《企业管治守则》及《上市规则》修订的咨询文件,旨在提升企业管治标准,确保持续推动高质量的企业管治实践,并维持市场投资者的信心。 2. 关键建议 2.1 提升董事董事会效能 指定首席独立非执行董事:要求没有独立的董事董事会主席的发行人指定一名独立非执行董事为首席...
a share scheme funded by its treasury H shares is subject to the same requirements as a share scheme funded by new shares under Chapter 17 of the Listing Rules, and a share scheme funded by its treasury shares not listed on HKEX is subject to Rule 17.12 of the Listing Rules....
HKEX adopted the proposals to make it clear under the Listing Rules that issuers, being holders of treasury shares, should abstain from voting on matters that require shareholders’ approval under the Listing Rules. This would also prevent controlling or substantial shareholders from using treasury...
Currently, Chapter 17 of the Listing Rules applies to share option schemes, but not share award schemes. The amendments will extend Chapter 17 of the Listing Rules to govern both share award schemes and share option schemes (together,Share Schemes). W...
The HKEX has finalized the amendments to Chapter 17 Listing Rules relating to the Employee Share Schemes of Hong Kong Listed Issuers and the amendments will come into effect on 1 January 2023. Overview of Changes The new Chapter 17 Listing Rules will be extended to govern all share ...
HKExLISTINGDECISION-ListingRulesandGuidance HKEx LISTING DECISION Cite as HKEx-LD20 -2011 FACTS 1.The Offeror made a cash offer to acquire the Target’s shares from its existing shareholders.2.Company A held 15 per cent interests in the Target as an investment and was considering whether to ...
HKEX’s New Economy Listing Reforms: Five Years On Follow Us on WeChat In April 2018,HKEX implemented changes to its listing rules that marked a significant milestone for Hong Kong’s market, adding three new chapters to the Main Board Listing Rules to provide a listing pathway for pre-...
Under the Hong Kong Listing Rules, timely disclosure of complete and accurate information is a cornerstone requirement for issuers as investors must be given sufficient information to make informed decisions on their investments in issuers. This includes information reg...
Part 1: Key Listing Rules Amendments Part 2: Public Float Requirement Listing Rule 8.08 (as amended by Rule 19A.13A under the Listing Rule amendments) will maintain the requirement that an A+H issuer’s H shares listed on HKEX must, at the time of listing, be not less than 15% of ...
ListingRulesMainBoardListingRule14.20 Decision Thedisposalwasclassifiedasamajortransaction. FACTS 1.TheOfferormadeacashoffertoacquiretheTarget’ssharesfromitsexisting shareholders. 2.CompanyAheld15percentinterestsintheTargetasaninvestmentandwas consideringwhethertoaccepttheoffer.Ithadaveryshorttimeframetomakean ...