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Adani under attack: Can the billionaire survive the Hindenburg onslaught?

Gautam Adani’s empire has been battered and bruised by allegations of stock manipulation and fraud levelled by American short-seller Hindenburg Research. As the billionaire fights back with several confidence-building measures, his company stocks continue to wobble and global bankers turn wary. Can his mega plans survive this onslaught? ....

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Hong Kong Regulatory Update - July 2021 | Skadden, Arps, Slate, Meagher & Flom LLP


HKEx Announces Move to T+2 IPO Settlement Under FINI Plan
HKEx has announced that it will proceed moving IPOs to a “T+2” settlement timetable under its “Fast Interface for New Issuance” (FINI) plan. This shift is a slight change to the original T+1 settlement plans proposed in the HKEx concept paper published in November 2020, but nevertheless a significant improvement on the current process, which generally results in IPOs in Hong Kong settling on a T+5 basis.
The plan will require IPOs to follow the new T+2 timetable unless a company obtains a waiver from HKEx. The new timetable requires that: ....

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