Reported 26 days ago
Hong Kong's securities regulator has revised its market sounding guidelines for listed shares, incorporating feedback from the hedge fund and banking sectors. Effective May 2, the updated rules limit the definition of confidential information and applicable securities, addressing concerns raised after an initial proposal in October 2023. The new regulations apply only to specific confidential information from clients or existing shareholders and focus on listed shares, with an eye towards expanding coverage in the future.
Source: YAHOO