Securities / Derivatives

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    Market Infrastructure

    SET Board Approves Measures to Boost Market Confidence

    By Sanday Chongo Kabange | 17/04/2024

    HFT firms will have to register with the SET and securities firms will have to implement controls to prevent naked short selling.

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    Securities / Derivatives

    CSRC Addresses Concerns Over New Delisting Rules

    By Editors | 17/04/2024

    Chinese small-cap stocks sold off for two days after the CSRC announced new delisting rules and dividend requirements for listed companies.

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    Securities / Derivatives

    RBI Permits Use of GIFT City OTC Segment to Hedge Gold Price Risk

    By Ajoy K Das | 17/04/2024

    Resident entities can hedge gold price risks using OTC derivatives in GIFT City, in addition to exchange-traded derivatives.

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    Securities / Derivatives

    BNP Paribas Wins Approval for Securities Unit in China

    By Editors | 16/04/2024

    The approval comes three years after the application. The new wholly-owned securities unit will be established in Shanghai.

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    ESG / Sustainability

    Chinese Bourses Finalise Sustainability Reporting Guidelines

    By Manesh Samtani | 16/04/2024

    Companies listed in key indices will have to report in line with the new guidelines by 30 April 2026. The double materiality principle is adopted.

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    Enforcement

    SFC Orders Trading Suspension of Listed Fruit Products Seller

    By Editors | 16/04/2024

    The company was earlier ordered to reconstitute its board of directors and engage an independent manager over more than $60m in missing funds.

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    Securities / Derivatives

    HKEX Confirms Decision to Allow Issuers to Hold Treasury Shares

    By Manesh Samtani | 16/04/2024

    Allowing Hong Kong-incorporated issuers to hold treasury shares will give them “greater flexibility in managing their capital structure”.

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    Crypto / Digital Assets

    SFC Grants First In-Principle Approvals to Spot Crypto ETFs

    By Editors | 15/04/2024

    At least three firms have received conditional approval to launch spot bitcoin and ether ETFs and are now expected to file listing applications.

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    Securities / Derivatives

    CSRC Releases Legislative Work Plan for 2024

    By Editors | 15/04/2024

    The legislative agenda includes plans to revise the CSRC’s rules for private funds, REITs, and securities and futures firms, including in relation to information tecchnology.

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    Market Infrastructure

    China Puts Forward Tighter Regulations for Stock Market

    By Manesh Samtani | 15/04/2024

    The rules will tighten listing requirements, speed up delisting of problem firms, and enhance supervision of programme trading.

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