Defendant may rebut Basic presumption of reliance at class certification by showing generic misstatements had no price impact on the stock.
securities
Court upholds Stock Exchange of Hong Kong delisting decisions where properly made, affirming deference to exchange regulatory decisions.
CFA clarified the conditions under which disclosure obligations arise under the Hong Kong Stock Exchange Listing Rules in a securities context.
HK Court of First Instance dismissed investors' misrepresentation claims arising from alleged false statements made in connection with a software company IPO.
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