Jurisdiction - Hong Kong
Reports and Analysis
Hong Kong – SFC Publishes Aggregated Short Positions.

15 October, 2012

 

In September 2012, the SFC commenced the weekly publication of aggregated short positions of specified shares under the Securities and Futures (Short Position Reporting) Rules (Rules). 
 
A reportable position is a net short position that amounts to or exceeds the threshold of 0.02% of the market value of the issued share capital of the relevant listed company, or HK$30 million, whichever is lower, as at the close of the last trading day of each week. Under the Rules, reportable short positions must be reported to the SFC within two business days from the last trading day of each week. The aggregated short positions reported will be published three business days later, usually on a Friday.
 
To access the SFC’s weekly publication, please follow the link:

 

 

For further information, please contact:
 
Tony Grundy, Partner, Morrison Foerster
 
John Moore, Partner,  Morrison Foerster

 

 

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