David Richardson

/My focus

I advise clients on corporate; mergers and acquisitions; and corporate finance matters.

/Representative experience

David advised on the groundbreaking, first action in Hong Kong to wind up on the ground of alleged unfair treatment by a minority shareholder against a company listed on the Hong Kong Stock Exchange (HKSE).  He has also worked on significant litigation actions in Hong Kong and China by the first Chinese concept stock listed on the Toronto Stock Exchange.

Over his career, David has also been part of an important list of other “firsts” for the HKSE.

• The first real estate agency group
• The first Chinese mining company
• The first Australian mining company
• The first mining company under Chapter 18 of the Listing Rules
• The first foreign company recognised by the HKSE as being from an acceptable jurisdiction under Chapter 19 of the Listing Rules
• The first Australian Stock Exchange company to be secondarily listed on the HKSE
• The third company to be secondarily listed on the HKSE
• The first Canadian mining company
• The second Toronto Stock Exchange company to be secondarily listed on the HKSE
• The fourth company to be secondarily listed on the HKSE

/Looking ahead

Hong Kong will transition from a narrower economy solely on real estate, securities and retail into one which is more multi-faceted.

/Insights

• “Breakthrough? Proposed New Board of the Hong Kong Stock Exchange May Allow Listing of Companies with Disproportionate Voting Rights Share Structures, Part 4” (co-author)
• “Listing Reform in Hong Kong - Proposed Changes to the Growth Enterprise Market (GEM) and Main Board Listing Rules, Part 2” (co-author)
• “Hong Kong Securities Laws Violations: SFC’s Case Against Moody’s, Part 3” (co-author)
• “Listing Reform in Hong Kong” (co-author)
• “Important Hong Kong Decision Broadens Scope of Disclosure for SFC in Disqualification Proceedings” (co-author)
• “Hong Kong Securities Laws Violations: The SFC’s Extra-Territorial Reach, Part 2 (U.S. short-seller found culpable of market misconduct)” (co-author)
• “Fintech in Hong Kong: Where There’s a Will, There’s a Way, or Hong Kong’s Measures To Become the Fintech Capital of Asia” (co-author)
• “Listing Russian Companies on the Hong Kong Stock Exchange” (co-author)
• “China-Hong Kong Connect, Part 6: Approval of Shenzhen-Hong Kong Train” (co-author)
• “Listing Indian Companies on the Hong Kong Stock Exchange” (co-author)
• “Hong Kong Securities Laws Violations: SFC’s Case Against Moody’s, Part 2” (co-author)
• “Recognition and enforcement of a Mainland judgment in Hong Kong: First reported decision” (co-author)
• “Hong Kong Market Misconduct: SFC Extends Enforcement Power to Insider Dealing in Overseas Listed Securities, Part 2” (co-author)
• “Hong Kong Market Misconduct: The SFC’s Extra-Territorial Reach, Part 1” (co-author)
• “China-Hong Kong Connect, Part Five: An Interconnected World” (co-author)
• “China-Hong Kong connect, Part Four: The Shenzhen Train delay” (co-author)
• “Weighted voting rights in Hong Kong: Hopes dashed (for now), Part 3” (co-author)
• “China-Hong Kong connect, Part 3: The commodities connect” (co-author)
• “Recent developments in China bond markets” (co-author)
• “Full steam ahead for the through-train, Part 2: The Shenzhen-Hong Kong Stock Connect” (co-author)
• “Weighted voting rights in Hong Kong: Hopes raised high but... (Part 2)” (co-author)
• “Hong Kong’s role in China’s financial reform the era of the ‘new normal’, Part 2” (co-author)
• “Bitcoin haven in Hong Kong? (Part 10)” (co-author)
• “Bitcoin migration from China to Hong Kong, Part 9” (co-author)
• “Open sesame? Not for now, Alibaba, Part 1” (co-author)
• “Bitcoin—calls for regulation, Part 8” (co-author)
• “Shedding light on China’s massive shadow banking market - landmark corporate bond default, Part 1” (co-author)
• “Bitcoin—turbulent waters, Part 7” (co-author)
• “RMB bond issue in Hong Kong (a.k.a. A delicious dim sum offering!): challenges to Hong Kong, Part 5” (co-author)
• “Bitcoin—big bounce back, Part 6” (co-author)
• “RMB bond issue in Hong Kong (a.k.a. A delicious dim sum offering!): Some structural issues to consider, Part 4” (co-author)
• “Bitcoin—freefall in China, Part 5” (co-author)
• “Bitcoin—reward comes with risk, Part 4” (co-author)
• “Bitcoin—could Beijing make or break it? (Part 3)” (co-author)
• “Bitcoin—virtual currency of the future? (Part 2)” (co-author)
• “Bitcoin—virtual currency of the future?” (co-author)
• “How to trap a tiger: Regulators’ nets tighten around Tiger Asia on both sides of the Pacific” (co-author)
• “RMB bond issue in Hong Kong (a.k.a. A delicious dim sum offering!), Part 3” (co-author)
• “RMB bond issue in Hong Kong (a.k.a. A delicious dim sum offering!), Part 2” (co-author)
• “RMB bond issue in Hong Kong (a.k.a. A delicious dim sum offering!), Part 1” (co-author)
• “Oil and gas companies listing on the Hong Kong Stock Exchange” (author)
• “Rule changes in works to ease secondary listings in Hong Kong” (co-author)
• “HKEx publishes consultation paper on proposed listing rules for mineral and exploration companies” (co-author)