HK Main Board · governance & disclosure intelligence

Disclosure intelligence,
with a reviewer in the loop.

An AI-native compliance platform for Hong Kong listed issuers and their advisers. It drafts and reviews disclosures, runs size-tests and Listing Rules analysis, and produces HKEXnews-ready documents — preliminary in minutes, and final only once a reviewer releases it.

Fail-closed review gate·Per-matter confidentiality·Client data never trains models
Matter · Major Transaction — Issuer 1396aidisclose.ai/app/matters/m-2041
Aidisclose
Advisory chat
Size-test
Disclosure draft
Checklist
Issuer profile
Research
Reviewer queue
CS
We're acquiring a 60% stake in a logistics target for HK$880m. Is this notifiable, and what do we file?
AD
On your figures the consideration ratio is 41.6% — a major transaction under Chapter 14. It needs an announcement, a circular, and shareholder approval.
Main Board Listing Rule 14.06(3)
"major transaction" means a transaction… where any percentage ratio is 25% or more but less than 100%.
Ask a follow-up, or attach the SPA…
Status
Reviewer pending
Withheld from client until a reviewer releases it.
Checklist · CF007M
Consideration & basis
§14.58(4)
Board approval statement
§14.58(2)
Independent valuation
needs input
Ch.14 notifiable transactionsCh.14A connected transactionsFive percentage ratiosCF006 checklistPart XIVA inside informationIssuer profiling EN ⇄ 繁中HKEXnews precedent searchHKEXnews typesettingTracked-change blacklinesVerbatim rule citationsImmutable audit trailFail-closed review gateClient data never trains models
How it works

Watch a matter become an announcement.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness…
MAJOR TRANSACTION
ACQUISITION OF A 60% INTEREST IN THE TARGET

The Board is pleased to announce that on 11 June 2026 on 12 June 2026, the Company entered into the Acquisition Agreement with the Vendor in respect of the acquisition of a 60% interest in the Target, at a consideration of HK$880 million payable in cash.

As the highest applicable percentage ratio in respect of the Acquisition exceeds 25% but is less than 100%, the Acquisition constitutes a major transaction and is subject to the reporting, announcement, circular and shareholders' approval requirements under Chapter 14.

A circular containing, among other things, further details of the Acquisition and the notice of the EGM will be despatched to the Shareholders in due course.

By order of the Board
[●] Limited
[●], Company Secretary
Hong Kong, 12 June 2026
Withheld from client until a reviewer releases it.
Production — typeset · translate · blackline
EN.pdfZH.pdfEN_redline.docx
Reviewer pending
Released to client — signed off and bound to the matter with a full audit trail.
Advisory chat

"We're acquiring a 60% stake in a logistics target for HK$880m. Is this notifiable, and what do we file?"

Size-test · Chapter 14
Assets ratio38.2%major
Profits ratio27.5%major
Revenue ratio19.1%—
Consideration ratio41.6%major
Equity capital ratio12.4%—
Highest ratio 41.6% →Major transaction
Verbatim citation
Main Board Listing Rule 14.06(3)
"major transaction" means a transaction… where any percentage ratio is 25% or more but less than 100%.
Core modules

One surface for the whole disclosure lifecycle.

The capabilities of a compliance team — chat, drafting, calculation, research, and production — behind a single, calm interface.

Disclosure drafting & review

First-pass HKEX announcements aligned to the issuer's own style, then a compliance review against the rule pack.

Ch.14 · 14A · Part XIVA
Size-test & Listing Rules engine

The five Chapter 14/14A percentage ratios, classification, and the completed CF006 form — sourced from live denominators.

CF006 · size tests
Issuer profiling

A bilingual standing profile from HKEXnews — board, shareholders, share capital, financials, calendar — keyed by stock code.

EN · 中文
Precedent & deep research

HKEXnews precedent search with classification and disclosure-gap reminders, plus general KB + live-source research.

precedents · KB
Document production

HKEXnews typesetting, EN⇄ZH translation with human-in-the-loop review, and tracked-change blacklines.

typeset · translate · redline
Conversational matter assistant

A chat workspace that triages the question, proposes the right workflow — size-test, research, draft, review — runs it, and shows its reasoning and citations.

chat · orchestration
Inside information, handled with discipline

Pre-disclosure and price-sensitive — and not one word reaches the market until a reviewer is accountable for it.

HK Listing Rules engine

Rule-grounded, not
rule-of-thumb.

Every classification is anchored to verbatim Listing Rule text fetched from the HKEX rulebook — never paraphrased. The engine runs the size-tests, applies the aggregation and connected-person rules, and fills the CF006 checklist.

Chapter 14 notifiable & Chapter 14A connected transactions
Inside-information assessment (Part XIVA SFO)
Verbatim citations with rule references on every conclusion
Size-test · Chapter 14CF006 · ready to file
Assets ratio38.2%major
Profits ratio27.5%major
Revenue ratio19.1%—
Consideration ratio41.6%major
Equity capital ratio12.4%—
Highest ratio 41.6% → classificationMajor transaction
Production · EN ⇄ ZH typeset + blacklineHKEXnews-ready

The Board is pleased to announce that on 11 June 2026 on 12 June 2026, the Company entered into the Acquisition Agreement with the Vendor in respect of theproposed acquisition of the Target.

EN.pdfZH.pdfEN_redline.docxZH.docx
Draft · review · produce

From first draft to
HKEXnews-ready.

Draft the announcement, run a compliance review, then typeset and translate it to HKEXnews formatting with a tracked-change blackline — bilingual, with a human reviewing every translated block.

Announcement draftingTracked-change blacklineEN ⇄ ZH typeset
Reviewer in the loop

Provisional in minutes,
final once a reviewer releases it.

You're never blocked waiting for sign-off. The AI returns a preliminary, clearly-marked answer straight away — the size-test, the research, the review findings — so the work moves. It stays provisional until a reviewer edits, confirms, and releases it; only then is it final, downloadable, and safe to put before the market. The reviewer — your compliance officer, company secretary, or counsel — owns that call, and every view, edit, and release is held in an immutable audit trail.

Provisional
every output, until a reviewer signs off
Released
final, downloadable, and accountable
Reviewer queue · compliance officer4 matters
Discloseable transaction — 0700
Size-test + draft
Reviewer pending
Connected transaction — 1299
Chapter 14A review
Client clarification needed
Profit warning — 3690
Inside information
Approved
Change of auditor — 0005
Announcement
Complete
Release to client — outputs are signed off and bound to the matter with a full audit trail.
On the roadmap

Governance intelligence, held to the official source.

Where we're heading next: cross-check issuer profiles, counterparty independence, and shareholding against capital-markets intelligence — always surfaced as background intelligence, and never overwriting the official HKEX record.

Roadmap · internal-only today
01
Issue-spotting intelligence

Counterparty and shareholder networks for independence and connected-person checks — surfaced as background intelligence, never overwriting official HKEX fields.

02
Regulatory monitoring

HKEX/SFC updates and supplemental-announcement windows, to be curated into regular research notes.

03
Verify-against-source by design

Every analytics value carries a snapshot date and a “verify against official source” flag. The official record always wins.

Governance analytics is internal-only and on the roadmap — not part of the client product today. “Governance-alpha” research is walled off behind a separate legal review.

Grounded in the rulebook

Chapters 13, 14 and 14A, and the Inside Information Provisions — read at run time, cited verbatim, never paraphrased.

SFO · Part XIVA · s.307B(1)
“…must, as soon as reasonably practicable after any inside information has come to its knowledge, disclose the information to the public.”

“As soon as reasonably practicable” is why the platform answers in minutes — and why a reviewer, not the clock, decides when it leaves.

Security & confidentiality

Built for pre-disclosure, price-sensitive information.

This platform holds inside information. Confidentiality is engineered in, not bolted on.

Per-matter & per-client isolation

Inside information stays scoped to its matter; cross-matter access is granted explicitly and audited.

Encryption at rest & RBAC

Sensitive data encrypted at rest; client, adviser, admin, and reviewer roles with least-privilege access.

Immutable audit trail

An append-only record of who saw, edited, downloaded, and released every artifact.

Never used to train models

Client content is used for inference only. No code path opts into model training.

Who it's for

Made for the HK capital-markets community.

Listed issuers
Company secretaries
Sponsors & advisers
Law firms
Compliance officers
Directors & boards

Bring your next disclosure matter to Aidisclose.

Walk through the product yourself on a synthetic matter — the workflows, the reviewer's side of the gate, and the HK Listing Rules engine, without signing in.