In October 2023, Hong Kong Exchanges and Clearing Limited (HKEX) issued a significant guidance letter (HKEX-GL116-23) with important updates to the Listing Rules and related requirements. These updates may have an impact on your current or future trading and investments.
The new guidance letter mainly addresses the valuation requirements of listed companies when making transaction disclosures, with particular attention to the basis of transaction consideration and the responsibilities of relevant directors in the valuation of corporate transactions.
Read this report below. For further information or enquiries, please feel free to contact us.