To deal with queries with regard to different 3 scenarios facing the issuers with the results announcement of 31 December financial year end, The Stock Exchange of Hong Kong Limited (“SEHK”) posted frequently asked questions (“FAQ”) on 28 February 2020 further to the Joint Statement of the Securities and Futures Commission (“SFC”) in light of Travel Restrictions related to the epidemic outbreak on 4 February 2020.  The following link with a table summarizes further guidance on how to publish the preliminary results, annual report to the holding of annual general meeting together with relevant issues.

 

(ENG) How to deal with your Annual Report at a glance

 

How to deal with your Annual Report at a glance

To deal with queries with regard to different 3 scenarios facing the issuers with the results announcement of 31 December financial year end, The Stock Exchange of Hong Kong Limited (“SEHK”) posted frequently asked questions (“FAQ”) on 28 February 2020 further to the Joint Statement of the Securities and Futures Commission (“SFC”) in light of…

The 2020-2021 Budget Relieving SMEs’ Financial Burden

To react on the challenges from the current economic downfall in Hong Kong, the key focus for the newly released 2020-2021 Budget Report is “supporting enterprises, safeguarding jobs, stimulating the economy and relieving people’s burden”. It gives a big helping hand to all SEMs which are struggling from the unsettling year and overcome all difficulties…

【Notificaton】SWCS ‘Home Office Arrangement’ in response to the Coronavirus outbreak

After the novel coronavirus outbreak,  to safeguard our employee’s safety and to avoid potential cross-contamination in office, SWCS has followed the government’s good faith reminder on “Home Office” arrangement with flexible working hour arrangements until 21 February, 2020. Unless there is a further serious wider spread of coronavirus outbreaks in the local community, SWCS will…

As HK welcomes WVR, Dr. Maurice Ngai feels the need to protect minority shareholders’ rights

Under the competitive capital market environment, WVR companies can now list in Hong Kong, but must now strive to protect minority shareholders’ rights…

SWCS urges companies to better themselves in anti-competition risk management

The High Court issued a verdict on Friday (17th), ruling that of the 15 defendants in the two cases, 14 of them violated the Competition Law…

SWCS: Mainland companies listing in HK will not decrease – Hong Kong possess system and talents

Dr. Maurice Ngai shared that on corporate governance level, the hardest to understand is how to define connected transaction, following by inside information…

Intermediaries should view disclosure as own declaration

To improve the disclosure system, the industry generally believes that the time of disclosure should be moved forward…

Twilight zone, room for improvement

Listed companies must disclose price-sensitive news in a timely manner to inform the market, but whether the pledged shares themselves are price-sensitive news seems to be viewed differently…

SWCS: New Economy companies should strengthen training for independent directors

Whilst the market anticipates Xiaomi as the first WVR listing company, some worry that current corporate governance standards may not be able to fully protect investors…

SWCS: Reached 30% of market share; market’s effect on listing will be short-lived

Although the market conditions have shown to be weakened, it is believed that the market’s effect on listing won’t last long…