HKEx Consults on Proposal to Streamline IPO Settlement Process

On 16 November 2020, the Stock Exchange of Hong Kong (HKEx) published a concept paper outlining a proposal to modernise Hong Kong’s IPO settlement process[1] (the Concept Paper) through the introduction of a new IPO settlement platform (Fast Interface for New Issuance (FINI)), which will be a mandatory platform for the handling of future Hong Kong IPOs should […]

Clinton MorrowPartner, Charltons

Dominic Wai participates in the IR Global Disputes Virtual Series – Technology & Disputes: The impact of new technology on litigation and dispute resolution

Foreward by Andrew Chilvers For the legal sector, COVID-19 has been a huge catalyst for change globally. Overnight, almost all legal advisors decamped en masse from their expensive mid-town and city offices to their homes to work. Personal meetings suddenly disappeared to be replaced by virtual meetings on Zoom or Microsoft Teams. As the UK […]

Dominic WaiPartner, ONC Lawyers

Changes to Hong Kong’s Open-ended Fund Companies Regime Take Effect 11 September 2020

Changes to Hong Kong’s private open-ended fund companies (OFCs) regime took effect on 11 September 2020 removing all investment restrictions on private OFCs and enabling Type 1 licensees to act as their custodians. The changes are detailed in the SFC’s Consultation Conclusions on Proposed Enhancements to the Open-ended Fund Companies Regime[1] and their implementation was […]

Changes to Hong Kong’s Open-ended Fund Companies Regime Take Effect 11 September 2020

Changes to Hong Kong’s private open-ended fund companies (OFCs) regime took effect on 11 September 2020 removing all investment restrictions on private OFCs and enabling Type 1 licensees to act as their custodians. The changes are detailed in the SFC’s Consultation Conclusions on Proposed Enhancements to the Open-ended Fund Companies Regime[1] and their implementation was […]

Clinton MorrowPartner, Charltons

HKEx Consults on Listing Rule Amendments to Increase its Disciplinary Powers and Sanctions

The Hong Kong Stock Exchange (HKEx) is consulting on amendments to the HKEx Listing Rules to increase its disciplinary and sanctioning powers under Chapter 2A of the Main Board Listing Rules and Chapter 3 of the GEM Listing Rules. The HKEx’s Consultation Paper on Review of Disciplinary Powers and Sanctions[1] was published on 7 August […]

Clinton MorrowPartner, Charltons

Mr Dominic Wai presented a webinar for members of the Association of Corporate Counsel on investigating misconduct in foreign jurisdictions

On 26 August 2020, our Partner Mr Dominic Wai, along with Ms Caroline Berube of HJM Asia Law & Co LLC and Mr Edward Borden, Jr of Earp Cohn P.C., all members of the International Society of Primerus Law Firms, presented a webinar for members of the Association of Corporate Counsel on “Investigating Misconduct in […]

Dominic WaiPartner, ONC Lawyers

ONC advised on the listing of China Saftower International Holding Group Limited

ONC has advised China Saftower International Holding Group Limited (Stock Code: 8623) on its share offer and listing of shares on GEM of The Stock Exchange of Hong Kong Limited. China Saftower International Holding Group Limited has a market capitalisation of HK$240 million at the time of the listing based on 800,000,000 shares in issue […]

Dominic WaiPartner, ONC Lawyers