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Market Infrastructure
HKEX Issues Consultation on Proposed GEM Listing Reforms
By Editors | 27/09/2023
The proposals include a new transfer mechanism for GEM companies to transfer to the Main Board and a new eligibility test for initial listing on the GEM board.

ESG / Sustainability
Indonesia Launches Trading in New Carbon Credits Market
By Editors | 27/09/2023
IDX is the operator of the new carbon exchange, known as the IDXCarbon. Trading technology was provided by AirCarbon Exchange.

ESG / Sustainability
Malaysia Commences Trading on Bursa Carbon Exchange
By Editors | 27/09/2023
BCX commenced trading on Monday. Bursa Malaysia said renewable energy certificates (RECs) will be offered on the carbon market by Q3 2024.

Securities / Derivatives
Malaysia to Create 200 Capital Market-Ready MSMEs by 2026
By Editors | 26/09/2023
A new MoU between the Securities Commission and SME Corporation Malaysia will enable more MSMEs to access the capital market for financing.

Securities / Derivatives
Addressing Concern About SLBs With Enhanced Targets and Structure
By Joanne Teo | 26/09/2023
SGX RegCo’s Joanne Teo and Michael Tang discuss the use of sustainability-linked bonds to finance transition efforts and how to enhance the credibility of such instruments.

Enforcement
Evergrade Subsidiary Hengda Group Under Investigation
By Editors | 26/09/2023
Due to the investigation, Evergrande is now no longer qualified to issue new notes that were supposed to form part of its restructuring plan.

ESG / Sustainability
Philippine SEC Issues New Guidelines on Blue Bond Issuance
By Editors | 26/09/2023
The guidelines set out eligibility criteria for blue projects and activities, based on IFC’s Blue Finance Guidance Framework and ADB’s Green and Blue Bond Framework.

Securities / Derivatives
SZSE to Revise Corporate Bond Issuance and Underwriting Rules
By Mark Johnston | 26/09/2023
SZSE has revised regulations covering the issuance, listing, underwriting and suitability management of corporate bonds.

Securities / Derivatives
SEBI to Ease Debt Fundraising Rules for Large Corporates
By Mark Johnston | 26/09/2023
SEBI will remove the penalty for non-compliance with the requirement to raise 25 percent of their incremental borrowings through corporate bonds.

Securities / Derivatives
CSRC Probes Hedge Funds, Brokers Over Quant Strategies – Report
By Sanday Chongo Kabange | 25/09/2023
The CSRC is seeking information on the trading strategies and short-selling activities of quant funds, and their impact on the stock market.
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