This is an update to our earlier post regarding Hong Kong Reporting.

SFC have removed the requirement for 'OFF MARKET' flag per position. Instead there is now a requirement to compute market values for each position and submit accordingly.

DisclosureWise Short Reporting Platform is able to compute the Market Values automatically. Clients simply need to submit the positions to the platform with Symbol and Quantity and the platform can automatically work out which positions to submit to the SFC based on their reportable symbols list. Where a market value has not been provided by the client, it will be computed for them and submitted for that position.

Clients will be able to submit Short Positions in a simple text file for both Australian and Hong Kong positions that they may hold.

Contact Us for further details and help automating the Hong Kong disclosures