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Hong Kong Listing Rules Amendments relating to Share Schemes
The Stock Exchange of Hong Kong published the conclusions to its consultation on Proposed Amendments to Listing Rules relating to Share Schemes of Listed Issuers on 29 July 2022. After which, the amendments to Chapter 17 of the Listing Rules relating to share schemes will become effective from 1 January 2023. Listed issuers may also choose to adopt the amended Rules for their share schemes before the effective date. Highlights of the Amendments 1. Chapter 17 of the Listing Rules currently...
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China Updates
Proposed New Amendments to the China Company Law
On 20 December 2021, the “Company Law of the People’s Republic of China (Draft for Revision) 中华人民共和国公司法(修订草案) (the “Draft”) was submitted to the Standing Committee of the National People’s Congress for deliberation and it was then made available for public comments. Enacted in 1993, China’s current Company Law has gone through many revisions including amendments to several provisions in 1999 and 2004, a comprehensive revision in 2005, and two important ame...
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