Corporate Law Updates
Find out all about our firm’s latest Corporate Law Updates below. To learn more about any individual item, please contact us here.
Corporate Law Updates
Find out all about our firm’s latest Corporate Law Updates below. To learn more about any individual item, please contact us here.
Introduction
On 1 November 2018, the Securities and Futures Commission (the “SFC”) released the “Statement on Regulatory Framework for Virtual Asset Portfolios Managers, Fund Distributors and Trading Platform Operators” (the “Statement”).
Background
On 22 March 2019, the Exchange published a listing decision (LD121-2019) to provide guidance on the reasons for rejecting 24 listing applications. The Exchange acknowledged that there was a noticeable increase in the number of listing applications rejected in 2018 as compared to previous years.
SW acted as legal advisers to International Alliance Financial Leasing Co., Ltd. (Stock Code: 1563) (“IA Finance Leasing”) in its successful listing on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). IA Finance Leasing offered a total of 495 million shares, which were listed on the Stock Exchange on 15 March 2019.