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With only days left before the commencement of the new virtual asset service provider (VASP) licensing regime on 1 June 2023, the Hong Kong Securities and Futures Commission (SFC) announced the finalised regulatory requirements on virtual asset trading platform (VATP) operators in its Consultation Conclusions on 23 May 2023 (Conclusions). Read more
Specialist technology companies will be able to apply for listing in Hong Kong from 31 March 2023 when a new Chapter 18C will be added to the Listing Rules. This opens up Hong Kong’s listing regime to companies engaged in five specialist technology industries, namely next generation information technology, advanced hardware and software, advanced materials, new energy and environmental protection, and new food and agriculture technologies. Read more