About Us
Global Advisory Experts Logo
Global Advisory Experts Logo

Find a Global Law Expert

Practice Area


Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.

Stock Exchange Conclusions on Corporate Governance Code

posted 2 years ago

By Rossana Chu:

The Stock Exchange of Hong Kong Limited (“Stock Exchange”) published in December 2021 the conclusions[1] to its consultation paper of April 2021 titled “Review of Corporate Governance Code and Related Listing Rules”[2], with an aim to enhance the corporate governance practices and reporting by listed companies. The Stock Exchange adopts most of the proposals outlined in the consultation paper, with certain modifications or clarifications, in the respect of (i) culture, (ii) board independence and refreshment, (iii) diversity, (iv) nomination committee, (v) communications with shareholders, (vi) certain enhancements relating to directors, (vii) linkage between corporate governance and ESG (environment, social and governance), (viii) timely disclosure of ESG reports and (ix) re-arrangement of the Corporate Governance Code.

In this article, we will focus on three controversial areas as the Stock Exchange received highest rates of opposing responses (up to 36%) in its Consultation Conclusion[1]. These areas are board independence, refreshment and gender diversity.  READ FULL ARTICLE

Download (pdf)

Note: This material has been prepared for general information purposes only and is not intended to be relied upon as professional advice for any cases. Should you need further information or legal advice, please contact us.


[1] https://www.hkex.com.hk/-/media/HKEX-Market/News/Market-Consultations/2016-Present/April-2021-Review-of-CG-Code-and-LR/Conclusions-(Dec-2021)/cp202104cc.pdf?la=en

[2] https://www.hkex.com.hk/-/media/HKEX-Market/News/Market-Consultations/2016-Present/April-2021-Review-of-CG-Code-and-LR/Consultation-Paper/cp202104.pdf



who are already getting the benefits

Sign up for the latest advisory briefings and news within Global Advisory Experts’ community, as well as a whole host of features, editorial and conference updates direct to your email inbox.

Naturally you can unsubscribe at any time.

Newsletter Sign Up

About Us

Global Advisory Experts is dedicated to providing exceptional advisory services to clients around the world. With a vast network of highly skilled and experienced advisers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.

Contact Us

Stay Informed

Join Mailing List