The US Securities and Exchange Commission has accused Chinese regulators of blocking its attempts to stamp out a wave of accounting fraud by mainland companies listed on US stock exchanges.Saturday, 7 May, 2011, 12:00am
If life is not as it used to be for former executives of Martha Stewart, Tyco and Worldcom, so China Life Insurance, too, is in deep trouble. China's biggest insurance company is facing a class-action lawsuit in New York for financial fraud.2 Apr 2004 - 12:00am
The Securities and Futures Commission has suspended the registration of dealer representative Chiang Yuk-oi for six months for providing misleading information.24 Jul 2002 - 12:00am
Legislators yesterday passed the landmark Securities and Futures Bill, ending 10 years of debate over one of Hong Kong's most controversial pieces of financial legislation.
The Bill replaces 10 securities and futures ordinances and brings Hong Kong into line with international practice.14 Mar 2002 - 12:00am
The Legislative Council is expected to pass the controversial Securities and Futures Bill on Wednesday, marking an end to the 10-year debate about securities law reform.11 Mar 2002 - 12:00am
OUR STOCK EXCHANGE'S struggling Trivial Pursuits Board (GEM) is still trying valiantly to strike an elusive balance between proper regulation of securities and inducements to companies to list their securities.3 Oct 2001 - 12:00am
Growth Enterprise Market listing rules covering final disclosure provisions and general disclosure obligations have been amended. An issuer must disclose significant commitment in non-core business if it has not been disclosed previously. A change in an issuer's financial condition which is likely to lead to substantial movement in the price of the listed securities must also be disclosed.14 Sep 2001 - 12:00am
The Government will further amend the controversial Securities and Futures Bill to curb the expanded power of the securities watchdog under the proposed legislation, according to a government source.
The changes are aimed at easing worries by legislators that the bill would give the SFC too much power, the source said.1 Jun 2001 - 12:00am
There are two fundamental flaws in the hasty decision over the weekend to relax the listing rules of the Growth Enterprise Market (GEM).
The first is the reasoning that it had to be done because GEM rules are more restrictive than those of competing stock markets elsewhere and this could hinder GEM's development.14 Mar 2000 - 12:00am
Starlight International Holdings is seeking to list its audio-visual product arm on Nasdaq in the United States after reporting 67.52 per cent growth in attributable profit to $48.65 million for the first six months to September 30. The group is in talks to inject the manufacturing arm into a Nasdaq company in exchange for a controlling interest in the company.17 Dec 1999 - 12:00am