On 10 January 2025, CHI CSRC issued interpretation for acquisition / takeover measures. CHI CSRC issued Interpretation no. 19 to clarify, standardize the application of articles 13 and 14 of the Measures for the administration on acquisition / takeover of listed companies. Interpretation Details Thresholds of 5%, 1% in articles 13, 14 apply only to…
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Hong Kong – Substantial Shareholding Notification Published
On 15 January 2025, the SFC published a substantial shareholding notification for GL-Carlink Technology Holding Limited (Stock Code: 02531). Substantial shareholding disclosure announcement
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India – SEBI Proposes to Increase Criteria for Shareholding Disclosure
On 10 January 2025, IND SEBI proposed to increase size criteria on disclosure. IND SEBI proposed to increase size criteria under additional disclosure framework. Follows IND SEBI August 203 issued circular on additional disclosures by FPIs. Proposal Threshold for equity assets under management (AUM) requiring additional disclosures proposed to be upped to INR 50k crores,…
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Netherlands – AFM Fines for Market Manipulation
On 20 December 2024, NLD AFM fined VDVI 3mn EUR for market manipulation. NLD AFM fined VDVI BV a financial holding firm 3mn EUR for market manipulation. Misconduct VDVI BV is primarily engaged in the purchase, development, exploitation as well as sale of real estate which artificially increased the price of a listed equity fund.…
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Hong Kong – Exchange Launches Data Marketplace
On 18 December 2024, HKEX introduced a web-based HKEX data marketplace. HKEX introduced web-based HKEX data marketplace to improve access to historical and reference data; features a modern interface as well as multiple delivery channels. Including cloud transfer, along with direct data access for enhanced user convenience. Scope HKEX explained that the initial offerings include…
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Argentina – CNV Substantial Shareholding Reporting
On 5 December 2024, ARG CNV has made the obligation to report more flexible. ARG CNV issued General Resolution 1035/2024 re flexibility of substantial shareholdings report. Highlights Criteria and deadlines will be modified to ensure data transparency and improvement. From 5% threshold, substantial shareholding must be reported when reach multiples of value. 10 business days…
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