A reminder on SFC market sounding guidelines for block trades (Hong Kong)
By EsqSocial Corporation 08/04/25
The Securities and Futures Commission (SFC) of Hong Kong has introduced new guidelines on market soundings, which are set to take effect on 2 May 2025. The guidelines aim to enhance transparency and ensure the integrity of market transactions. As the compliance deadline approaches, we set out a summary of the key points under the guidelines which are applicable to the Disclosing Persons and Recipient Persons in the context of a block trade of securities listed on the Hong Kong Stock Exchange....
By: Hogan Lovells