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Legal Update

Policy on Share Trading Suspension

19 July 2011
Mayer Brown Legal Update
The Stock Exchange of Hong Kong Limited (SEHK) published a letter to issuers and market practitioners on 30 June 2011 to remind them about their policy and practice in relation to share trading suspensions. The core principle is that, although share trading suspensions may be necessary to protect investors or maintain an orderly market, SEHK expects issuers to avoid share trading suspensions to the extent possible by planning their affairs properly. Also, issuers should try to keep any suspension periods as short as reasonably possible.
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