On 15 January 2025, Nate Anderson published a report announcing the closure of Hindenburg Research (HR) the activity short selling firm he founded in 2017. Anderson gave no specific reason when he announced the closure of HR the activist short selling firm Short selling firms continue to decline based on public information HR rose to…
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Hong Kong – SFC Updated Takeover Table
On 27 January 2025, the SFC updated the Takeover Table A new takeover offer period has commenced for Howkingtech International Holding Limited (stock code: 2440) from 24 January 2025 A new takeover offer period has commenced for China ZhengTong Auto Services Holdings Limited (stock code: 1728) from 26 January 2025
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Denmark – FSA Executive Order on Takeover Bids
On 20 January 2025, DEN FSA consulted on draft executive order on takeover bids. Order previously subject to consultation from 8 January 2024 to 20 February 2024. Amended draft incorporates further changes due to the adoption of the Omnibus Directive and the EU reg on European points of single contact (ESAP). Publication of order postponed…
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S Korea – FSS KRX Proposed Short Selling Rule
On 19 January 2025, SK FSS, KRX proposed short selling guideline, regulations. SK FSS, KRX issued the final draft of the Integrated short selling guidelines while promoting conversion of the related administrative guidance into detailed regulations. In addition, proposed KRX regulations and detailed regulations on short selling. Follows SK FSS June 2024 proposed short selling…
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S Korea – FSS Follow-up Short Selling Measures
On 17 January 2025, SK FSS proposed revisions to improve short selling system. SK FSS proposed revisions to Detailed regulations on financial investment business. Follows SK FSC June 2024 launched short selling reform measures. Overview of Proposed Revisions Stipulate requirements that companies intending to engage in short selling must fulfill in terms of internal control…
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U.K. – Treasury Issues Short Selling Regulations 2025
On 14 January 2025, UK Treasury issued the Short Selling Regulations 2025. UK Treasury issued The Short Selling Regulations 2025 (StIn 2025/29), providing for short selling of shares, other financial instruments, transactions similar to short selling. On same day, UK Treasury issued law and memo on UK FCA supervision. Purpose When the UK left the…
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