The Stock Exchange of Hong Kong's Listing Committee plays a critical role as an independent administrative decision maker and an advisory body for the Exchange. Congratulations to our colleague Daniel Lee on his appointment to the committee. 👏 https://go.kkr.com/460weSn
Congratulations to Daniel Lee on his appointment to the Stock Exchange of Hong Kong's Listing Committee! His expertise will be invaluable in this critical role. Best wishes, Daniel!
#Leadership #HongKongStockExchange #Congratulations
The Stock Exchange of Hong Kong Limited (Stock Exchange) recently amended the Rules Governing the Listing of Securities on the Stock Exchange (Listing Rules) to adopt a new framework for treasury shares.
The amended Listing Rules remove the requirement for listed companies to cancel repurchased shares and listed companies will be allowed to hold the repurchased shares in treasury for future resale if permitted under the laws of their places of incorporation and their constitutional documents. The new rules came into effect on 11 June 2024 (Effective Date).
https://ow.ly/ohKh50Srtej#treasuryshares#listingrules
On 12 April 2024, the Stock Exchange of Hong Kong Limited published the conclusion of its consultation on proposed amendments to the Listing Rules in relation to treasury shares. KPMG summarises the proposals in its latest Capital Market Update: https://lnkd.in/gH6q4QVc#HongKong#CapitalMarkets
This article by ComplyLog explores the obligations of UK investment firms, stock brokers and other financial institutions with regard to monitoring employees’ personal account dealing.
Read more at https://lnkd.in/eHtM4mjt
Great news! HKEX has reached an agreement with Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) to expand the scope of eligible #ETFs under #StockConnect.
The eligibility criteria for ETFs for both Northbound and Southbound trading, including the assets under management requirement and the index weighting requirements, will be relaxed to add even more vibrancy to our mutual market access programme.
The three exchanges will work closely on the business and technical preparations for the expansion, which is expected to take approximately three months. This enhancement is part of several measures announced today by the China Securities Regulatory Commission to support the continued development of Hong Kong’s capital markets. Read more here: https://lnkd.in/gEnc9S7W#10YearsOfConnect
European trading venue M&A activity was at a furious pace over the last 12 months, due to strong inorganic growth decisions by major European stock exchanges. Read more in White & Case's latest UK & European Financial Institutions M&A report: https://ow.ly/Gto850Q22t4#MnA#stockexchanges
European trading venue M&A activity was at a furious pace over the last 12 months, due to strong inorganic growth decisions by major European stock exchanges. Read more in White & Case's latest UK & European Financial Institutions M&A report: https://ow.ly/JPTr50Q22te#MnA#stockexchanges
Tom Attenborough is absolutely correct. The facts are that listing on an exchange in the United States can open a company up to various levels of litigation risk (such as Sarbanes-Oxley) which brings with it potentially crippling costs. There is however, an alternative where issuers can get the best of their home market by maintaining their primary listing and benefiting from a less litigious environment while also accessing the depth of the U.S. capital markets. This is achieved by leveraging the SEC foreign private issuer exemption 12g3-2(b) utilised by UK household names including Sainsbury's, EasyJet, Marks & Spencer, Tate & Lyle, Imperial Brands, Britvic and Kingfisher.
#listlocaltradeglobal#otcqx#otcqbOTC Markets Group
Head of International Primary Markets @ LSEG | Capital Markets
Litigation risks and costs are not equal across listing venues. US companies spend on average 166% more on legal services than their global counterparts, and there are over 200 securities class action lawsuits filed in the US each year on average. A thought provoking blog from London Stock Exchange's Rhiannon M..
Find out why the UK has a much less litigious and more cost friendly corporate environment than the US. https://lnkd.in/dpTXuXpN#CapitalMarket#LondonStockExchange
One of the many things many advisors neglect to tell management teams about #IPO in the US…
💰💰💰since 2012 There has been 3225 securities class action lawsuits in the US 🇺🇸 v. only 5 in the UK 🇬🇧 …
Management time spent on dealing with lawsuits in the US at a critical time for company’s growth post #IPO can be devastating to companies who need to shift concentration to defending lawsuits instead of focusing on growth and establishing their brand.
Super insights by Rhiannon M. below 👇🏼
#directorsandofficers#insurance#UKvUS#IPO#capitalmarkets#growthcapitalEran Lazar , Shay Dubi and Lee Freeman-Shor MSc LL.B (Hons)
Dikla Wagner you’ll find this article useful.
London Stock Exchange
Head of International Primary Markets @ LSEG | Capital Markets
Litigation risks and costs are not equal across listing venues. US companies spend on average 166% more on legal services than their global counterparts, and there are over 200 securities class action lawsuits filed in the US each year on average. A thought provoking blog from London Stock Exchange's Rhiannon M..
Find out why the UK has a much less litigious and more cost friendly corporate environment than the US. https://lnkd.in/dpTXuXpN#CapitalMarket#LondonStockExchange
📢 **Hong Kong Capital Markets Update: Corporate Governance Code Review**
HKEX's latest proposals, including mandatory director training, a cap on INED tenure, and enhanced board diversity requirements, are significant steps forward. These changes aim to boost board effectiveness, independence, and transparency, fostering a more robust and inclusive corporate environment.
#CorporateGovernance#HKEX#BoardDiversity#RiskManagement#CapitalMarkets#KPMG
On 14 June 2024, the Stock Exchange of Hong Kong Limited published a consultation seeking market feedback on proposed changes to the Corporate Governance Code. KPMG summarises the proposals in its latest Capital Market Update: https://lnkd.in/g78TxugH#HongKong#CapitalMarkets#CorporateGovernance
Congratulations to Daniel Lee on his appointment to the Stock Exchange of Hong Kong's Listing Committee! His expertise will be invaluable in this critical role. Best wishes, Daniel! #Leadership #HongKongStockExchange #Congratulations