On 24 January 2025, the Stock Exchange of Hong Kong Limited (the “Exchange”) published the consultation conclusion on its proposals to further expand the paperless listing regime and other rule amendments.
After considering the feedback, the Exchange has decided to implement the proposals set out in the Consultation Paper (for the summary please refer to our Capital Markets Update Issue 2024-04) as proposed with minor modifications and clarifications. The modifications to the original proposals in the Consultation Paper mainly relate to the following areas:
- Electronic instructions from securities holders to issuers
- Real-time electronic payment of Corporate Action Proceeds
- Hybrid general meetings & E-voting
