Hong Kong Capital Markets Update - Issue 2, April 2013

Hong Kong Capital Markets Update - Issue 2, April...

Welcome to the April 2013 issue of KPMG China’s Hong Kong Capital Markets Update. In this issue, we highlight the regulatory developments during the first quarter of 2013 with a focus on matters of importance to directors, management and other persons who are responsible for regulatory reporting and compliance.

pen pointing at chart

These include:  

The new statutory regime on disclosure of inside (price sensitive) information came into effect on 1 January 2013 and the number of corporate announcements on inside information took a noticeable hike in the first quarter of 2013.  

The Hong Kong Stock Exchange ('the Exchange') published (i) the 2012 report on reviews of listed issuers' published periodic financial reports under the Financial Statements Review Programme (FSRP) and (ii) its first report on reviews of disclosures in listed issuers' annual reports.  

The Exchange published one Guidance Letter and a series of Listing Decisions in respect of the continuing disclosure requirements of mineral companies and other listed issuers that publicly disclose details of resources and/or reserves, and various other compliance issues.

© 2022 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Chinese Mainland, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

The KPMG name and logo are trademarks used under license by the
independent member firms of the KPMG global organisation.

For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.


Connect with us