HONG KONG (Reuters) -- Hong Kong's securities regulator finalized its guidelines on confidential information communications ahead of share placements and large securities transactions known as block trades after collecting industry feedback.
The new rules, which will become effective on May 2, 2025, detail the procedures by which brokers disclose confidential information to investors to gauge buying interest before transactions, the Securities and Futures Commission (SFC) said in a statement late on Thursday.
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