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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: ....

Hong Kong , City Of , United Kingdom , Xuemei Wang , Guo Wanda , Wang Jindong , Yu Jian Qiu , Lin Jianhua , Youyuan International Holdings , China Yu Tian Holdings Limited , Ali Baba Pictures Group , China Medical Healthcare Group , China Metal Resources Utilization , Stock Exchange Of Hong Kong Limited Hkex , Futures Commission , Tech Pro Technology Development , Chinavision Media Group , Energy Former , Long Success International Holdings , York Stock Exchange , Hong Kong Institute Of Certified Public Accountants , Coslight Technology International Group Limited , London Stock Exchange , Huiyin Holdings , Meagher Flom , Summi Group Holdings ,

HKCEC appoints new director of finance


HONG KONG – Hong Kong Convention and Exhibition Centre Ltd. (HML) has recently appointed Ms. Helen Lee as Director of Finance.
HONG KONG – Hong Kong Convention and Exhibition Centre Ltd. (HML) has recently appointed Ms. Helen Lee as Director of Finance. HML is the professional private management and operating company for the Hong Kong Convention and Exhibition Centre (HKCEC).
Ms. Lee is responsible for the overall financial management of HML and leads HML’s Finance division including the MIS and Purchasing & Supply departments. Mr Cliff Wallace, HML’s Managing Director, commented: “I am most pleased that Helen has assumed her new role. With her professional qualifications, diverse experience, and management skills, I am confident that she will contribute greatly to HML in meeting ever-increasing demands from customers and stakeholders, while upholding the highest level of integrity in leading the HKCEC’s financial affairs.” ....

Hong Kong , Cliff Wallace , Hong Kong Institute Of Certified Public Accountants , Exhibition Centre , Hong Kong Convention , Exhibition Centre Ltd , Helen Lee , Managing Director , Hong Kong Institute , Certified Public Accountants , ஹாங் காங் , குன்றின் வாலஸ் , ஹாங் காங் நிறுவனம் ஆஃப் சிஇஆர்டிஐஎஃப்ஐஇடி பொது கணக்காளர்கள் , கண்காட்சி மையம் , ஹாங் காங் மாநாடு , ஹெலன் லீ , நிர்வகித்தல் இயக்குனர் , ஹாங் காங் நிறுவனம் , சிஇஆர்டிஐஎஃப்ஐஇடி பொது கணக்காளர்கள் ,