Corporate Finance

Revisiting New Connected Transaction Rules



New connected transaction rules were introduced by The Stock Exchange of Hong Kong Limited on 21 March 2014 and have been effective from 1 July 2014. This course focuses on these rules and expounds the revised terms and definitions, scope of "connected person", "transaction" and "connected transaction" and relevant exemptions. It also provides a gap analysis of each of the above terms under the old rules and the new rules.

In addition, a "one-page connected person full chart" for a PRC listed issuer and a non-PRC listed issuer will be provided to maximise the audience's understanding of the rules.


By the end of this course, learners will have understood:
- the revised terms and definitions introduced by the new rules, and
- the following aspects in both the old and new rules:
* scope of each of "connected person", "transaction" and "connected transaction",
* requirements for connected transactions,
* scope of exemptions, and
* options


1. Background
2. Proposals that the new rules have not adopted
3. Revised terms and definitions
4. Scope of "connected person"
5. Scope of "transaction"
6. Scope of "connected transaction"
7. Requirements for connected transactions
8. Scope of exemptions
9. Options

Who should attend

Senior management, corporate financiers, capital market and IPO practitioners as well as listed companies.

Speaker/Course Instructor

Daniel WAN
Mr Daniel Wan specialises in Hong Kong initial public offerings (IPOs). Daniel is a partner at one of the top 5 Hong Kong IPO law firms acting for underwriters in terms of number of successful IPOs. In 2015, 2016, 2017 and 2018, Daniel has acted for sponsors and underwriters in over 20 successful Hong Kong IPOs.

Daniel graduated from the University of Leicester, UK with a first class honours degree in law. He was admitted as a solicitor of the High Court of Hong Kong and the Supreme Court of England and Wales, respectively.

Daniel has taken part in the Hong Kong Stock Exchange's listing reform in 2018. During the consultation process Daniel represented 14 sponsor and other firms and a number of investment bankers to prepare and submit responses to the consultations.


Date & Time
Tuesday, 26 Nov 2019 (6:30PM - 9:30PM)
HKSI Institute Training Centre
SFC:3.00, PWMA:3.00