In this issue: SFC Report on HKEx 2010 Performance; HKMA Report on Sponsor Activities; Pre-deal Research Reforms; Revised HKSIR 400 “Comfort Letters and Due Diligence Meetings”; Consultation Conclusions; Revised Property Valuation Requirements; New and Revised Guidance Letters; New Listing Decisions; New Standard Comments in Checklist I.N; Enforcement News; Regulatory Watch; and Market Initiatives by the Exchange.

We are delighted to welcome you to the inaugural issue of our Hong Kong Capital Markets Quarterly News. This series of newsletters is designed to summarize the last quarter’s market and regulatory developments and inform our clients of our firm’s news.

In this issue, we first discuss two significant reports: the Securities and Futures Commission’s annual review of the performance of the Hong Kong Stock Exchange (the “Exchange”) and the Hong Kong Monetary Authority’s thematic examination of sponsor activities. We then review the important regulatory developments over the past three months and highlight the various initiatives and trends in the market.

Please see full publication below for more information.