Hong Kong Listed Companies to Observe Much Stricter Corporate Governance Practices in Line With Global Trends

Mondaq Business BriefingHong Kong Law Articles in English (2005)

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Hong Kong Listed Companies to Observe Much Stricter Corporate Governance Practices in Line With Global Trends

The Hong Kong Stock Exchange announced on 19 November 2004 certain amendments to the Listing Rules of both the Main Board and the GEM Board to introduce a revised Code on Corporate Governance Practices (the "Code") and Rules on the Corporate Governance Report (the "Rules").

In the Main Board Rules, the Code replaces the Code of Best Practice in Appendix 14, and the Rules are inserted as a new Appendix 23. In the GEM Rule...

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