DISCLOSURE OF PRICE SENSITIVE INFORMATION - THE PECULIAR CASE OF THE MTR CORPORATION

被引：0
|
作者：
Low, Chee Keong [1 ,2 ]
Low, Tak Hay [3 ]
机构：
[1] Chinese Univ Hong Kong, CUHK Business Sch, Hong Kong, Hong Kong, Peoples R China
[2] Monash Univ, Dept Business Law & Taxat, Clayton, Vic 3800, Australia
[3] Shatin Coll, Hong Kong, Hong Kong, Peoples R China
来源：
HONG KONG LAW JOURNAL | 2014年 / 44卷
关键词：
D O I：
暂无
中图分类号：
D9 [法律]; DF [法律];
学科分类号：
0301 ;
摘要：
The MTR Corporation Ltd had through a press briefing by Mr Chew Tai Chong, its projects director, on 15 April 2014, announced that the opening of the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link would be delayed by two years to the end of 2017. Despite the potential significance on its financial results, the company surprisingly did not make any announcement as regards price-sensitive information. This article argues that the failure to do so placed the company and its officers in breach of the Securities and Futures Ordinance (Cap 571) and that any failure by the Securities and Futures Commission to act will not bode well for the enforcement of securities laws in Hong Kong.
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收藏
页码：735 / 758
页数：24
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