Price sensitive information disclosure by listed corporations in Hong Kong: lessons and experiences from Australia.

Title: Price sensitive information disclosure by listed corporations in Hong Kong: lessons and experiences from Australia.
Creator: Chan, Raymond Siu Yeung; Ho, John Kong Shan
Relation: Australian Journal of Corporate Law Vol. 26, Issue 1, p. 86-111
Relation: http://www.lexisnexis.com.au/en-AU/Products/australian-journal-of-corporate-law.page
Publisher: LexisNexis Butterworths
Resource Type: journal article
Date: 2011
Description: In March 2010, the HK government published a consultation paper to propose statutory codification of certain requirements to disclose price sensitive information by listed corporations as the first step of giving statutory backing to the Listing Rules. This article compares the legislative proposals in Hong Kong with Australia’s continuous disclosure regime under Ch 6CA of its Corporations Act, and seeks to identify what the former can learn from the latter’s model in implementing a statutorily-backed listing rules. It is argued that Hong Kong should follow an evolutionary approach by first giving statutory backing to basic continuous disclosure obligations.
Subject: government regulation; disclosure; corporate governance; Corporations Act 2001
Identifier: http://hdl.handle.net/1959.13/1058255
Identifier: uon:16372
Identifier: ISSN:1037-4124
Language: eng
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