Market Development

Subsidiary legislation for implementation of inspection regime under Companies Ordinance gazetted

The Government published in the Gazette on 18 June 2021 the Companies Ordinance (Commencement) Notice 2021, the Companies Ordinance (Commencement) (No. 2) Notice 2021, the Companies Ordinance (Commencement) (No. 3) Notice 2021, the Companies (Residential Addresses and Identification Numbers) Regulation, the Company Records (Inspection and Provision of Copies) (Amendment) Regulation 2021, the Companies (Non-Hong Kong…

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Hong Kong Stock Exchange will Enhance the Main Board profit requirement from 1 January 2022

After careful consideration of all feedback, the Exchange has modified the proposal in the Consultation Paper and will adopt the following approach:  (a) a 60 per cent increase in the Profit Requirement and amend the profit spread; Under the Modified Profit Increase, the minimum amount of profit attributable to shareholders for a Main Board listing applicant will…

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