Explore by topic

1. Directors and senior management

Particulars	Release date (mm/yyyy)
Designation of authorised representatives	11/2024
Gender diversity on boards – The clock is ticking!	11/2024
Update on board diversity progress and reminder	05/2024
Director’s duties on loans and lending activities	04/2024 (*)
Reminder on making authorised representatives available	11/2023
Director’s duty to avoid conflicts of interest	09/2023 (*)
Reminder on information required in AGM circulars	05/2022
Directors’ responsibilities when assessing transactions	12/2021
Guidance on lending transactions	05/2021
Director onboarding: Approach, continuing education and duties	11/2020 (*)
Communications between issuers / directors and the Division	02/2019 (*)
Overboarding of independent non-executive directors	11/2019
Director’s duties: Collective responsibility of executive directors, non-executive directors, independent non-executive directors	07/2018 (*)

_{(*) Enforcement Bulletin}

2. Accounting and auditing matters

Particulars	Release date (mm/yyyy)
2.1 Financial disclosure
Putting adequate resources on financial reporting	06/2025
Reminders on planning for upcoming audit	11/2024
Timely financial reporting and reminder	05/2024
Guide on internal controls and planning for upcoming audit	11/2023
Modified audit opinions and delays in results publication	06/2023
Change in auditors	06/2023
Change of auditors	12/2022
Issuers meeting financial reporting obligations amid Covid-19	05/2022
Planning ahead for upcoming financial reporting season	12/2021
Directors’ responsibilities when assessing transactions	12/2021
Guidance on lending transactions	05/2021
Issuers meeting financial reporting obligations amid the Covid-19 pandemic	05/2021
Planning ahead for the upcoming financial year end	12/2020
Publication of preliminary financial results and annual reports for issuers with post- December 2019 financial year ends	04/2020
New disclosures required in annual reports	11/2019
New listing rules regarding financial statements	08/2019 (*)

_{(*) Enforcement Bulletin}

3. Trading halt, suspension, cancellation and withdrawal of listing

Particulars	Release date (mm/yyyy)
3.1 Trading halt, suspension and resumption
Timely financial reporting and reminder	05/2024
3.2 Long suspension and delisting
The delisting Rules six years on	11/2024
Profile on long suspended companies	05/2022
The Exchange has commenced delisting of long suspended companies under the new delisting regime	11/2019
New delisting regime	07/2018 (*)
Delisting from an enforcement perspective	02/2018 (*)

_{(*) Enforcement Bulletin}

4. Continued listing criteria

Particulars	Release date (mm/yyyy)
4.1 Sufficient operations and assets
Administering Rule 13.24	12/2020

5. Issue / repurchase of securities and related matters

Particulars	Release date (mm/yyyy)
5.1 Highly dilutive issue
The Exchange has curtailed highly dilutive capital raisings	11/2019
5.2 Placing
Administrative reminder on filing listing application for placing of new shares	11/2023
Rule amendments consequential to the SFC’s new requirements on bookbuilding and placing activities	05/2022
5.3 Share schemes
Compliance with new Rules on share schemes	06/2023
What are the amended Rules on share schemes and how will they impact you?	12/2022
5.4 Rights issue
Reminder on rights issues under paperless listing regime	05/2024
5.5 Repurchase of securities
Convertible bond offerings with concurrent share buyback - an udpate	06/2025
Promoting capital efficiency through treasury shares	06/2025
Convertible bond offerings with concurrent share buyback	11/2024
New treasury share regime	05/2024

6. Continuing obligations

Particulars	Release date (mm/yyyy)
Issuers undertaking securities trading and financial investment activities	06/2025
Non-compliance in material transactions	06/2025
Handling of presentation materials for external meetings	05/2024
Financial assistance regarding loans and lending activities	04/2024 (*)
The paperless listing regime	11/2023
Disclosure of information and disclosure-related misconduct	03/2023 (*)
Reminder on information required in AGM circulars	05/2022
Submission of documents electronically	12/2021
Maintenance of a fair, orderly and informed market	04/2020
Business updates announcements	04/2020

_{(*) Enforcement Bulletin}

7. Notifiable transactions

Particulars	Release date (mm/yyyy)
7.1 Backdoor listings
RTOs and very substantial acquisitions	12/2020
The Exchange addresses “shell” activities with amended backdoor listing and continuing listing rules	11/2019
7.2 Definition of transactions and calculation of percentage ratios
Treasury activities, securities investments and wealth management products	11/2019
7.3 Disclosure and other requirements
Issuers undertaking securities trading and financial investment activities	06/2025
Non-compliance in material transactions	06/2025
Timely disclosure regarding loans and lending activities	04/2024 (*)
Guidance letter on disclosure of consideration basis and business valuations in transactions	11/2023
Disclosure of business valuations in transactions	06/2023
Directors’ responsibilities when assessing transactions	12/2021
Confirmation on material loan arrangements of counterparties with connected persons when vetting notifiable transactions	05/2021
Guidance on lending transactions	05/2021
Further guidance on the disclosure of counterparties in transactions	12/2020
Disclosure of counterparties in transactions and securities subscriptions including the beneficial owners	11/2019
7.4 Online display of documents
Online display of documents	12/2021

_{(*) Enforcement Bulletin}

8. Issuers listed under special listing regimes or other listing structures

Particulars	Release date (mm/yyyy)
8.1 PRC issuers and Overseas issuers
Streamlined listing regime for PRC issuers	11/2023
Secondary-listed issuers getting ready for "homecoming"	12/2022
Consultation conclusion on listing regime for overseas issuers	12/2021

9. Spin-offs

Particulars	Release date (mm/yyyy)
Further guidance on preparing spin-off proposals	05/2024
Highlights of listed issuers’ spin-off activities	05/2021

10. Core shareholder protection standards

Particulars	Release date (mm/yyyy)
Compliance with Core Standards for issuers incorporated in Bermuda and Cayman Islands	12/2022
Convening general meetings	05/2022
Consultation conclusion on listing regime for overseas issuers	12/2021

11. Corporate governance / environmental, social and governance / securities transactions by directors

Particulars	Release date (mm/yyyy)
11.1 Corporate governance code
New corporate governance requirements	06/2025
Update on board diversity progress and reminder	05/2024
Review of issuers’ corporate governance practices and new INED guide	11/2023
New corporate governance and ESG requirements	12/2022
Reminder on information required in AGM circulars	05/2022
Revised Corporate Governance Code & related Listing Rules	12/2021
Overboarding of independent non-executive directors	11/2019
11.2 Environmental, social and governance reporting guide
New climate-related disclosure requirements in ESG reports	05/2024
11.3 Internal controls
Pre-loan, post-loan and recovery stages	04/2024 (*)
Guide on internal controls and planning for upcoming audit	11/2023
Conflict management	09/2023 (*)
Record-keeping and documentation	08/2022 (*)
Guidance on internal controls	02/2022 (*)

_{(*) Enforcement Bulletin}

12. Other Topics

Particulars	Release date (mm/yyyy)
Ongoing journey to refine our listing regime	06/2025
Hong Kong launched the new company re-domiciliation regime	06/2025
Getting ready for uncertificated securities market (USM)	06/2025
HKEX Issuer Access Platform (HKEX IAP) about to go live	06/2025
Update on listing fee payment process and arrangement	11/2024
Introducing the Listing Regulation and Enforcement department	11/2024
Update on our technology journey	05/2024
Cooperation with other regulators	04/2024 (*)
HKEX’s ongoing journey in application of technology	06/2023
Reorganisation of the Listed Issuer Regulation Department	05/2022
Listing e-Forms went live on 29 November	12/2020
Changes to the review structure in relation to listing committee decisions	08/2019 (*)

_{(*) Enforcement Bulletin}