Securities / Derivatives

Market Infrastructure

NZX Overhauls Listing Rules in Transition to Single Board

By Editors | 30/10/2018

New listing rules to take effect from January, in advance of migration to a single board where equity, debt and fund issuers will be covered in a single rule set.

Securities / Derivatives

China to Release Insurers from Equity Investment Restrictions

By Editors | 30/10/2018

CBIRC draft rules loosen restrictions on how much insurance companies can invest in the stock market and in which sectors they can participate.

Securities / Derivatives

S. Korea Scales Up Stabilisation Fund as Market Hits 22-Month Low

By Manesh Samtani | 30/10/2018

The 500 billion won fund will start investing in the KOSDAQ from November. Separately, market participants will establish an emergency monitoring system to better respond to instability.

Securities / Derivatives

China Relaxes Rules on Stock Buybacks to Support Market

By Manesh Samtani | 30/10/2018

Over 750 listed companies have since announced stock buybacks, including Ping An Insurance Group, which plans to buy back $15.8 billion of its outstanding shares.

Securities / Derivatives

S. Korea Industry Body KOFIA to Inspect Securities Firms

By Editors | 29/10/2018

The Korea Financial Investment Association will examine internal operations at securities firms in a bid to prevent order-handling accidents and restore market confidence.

Market Infrastructure

Bond Connect Credited for Rapid Growth of China ABS Market

By Manesh Samtani | 25/10/2018

China’s onshore ABS market has been growing rapidly since the launch of Bond Connect last year, according to panellists at IMN’s Asian Structured Credit Summit.

Securities / Derivatives

China Formalises Measures to Support Markets, Private Enterprises

By Manesh Samtani | 23/10/2018

The measures include more funding to support bank lending to small firms and a broker-led fund to support listed companies facing forced liquidation of pledged shares, among others.

Securities / Derivatives

China’s Top Regulators Restore Market Confidence with Vow of Support

By Manesh Samtani | 22/10/2018

The PBOC, CBIRC and CSRC issued statements announcing new measures to support China’s market after equities fell to their lowest levels since May 2014.

Capital / Liquidity

Hong Kong SFC to Update Financial Resources Rules

By Garima Chitkara | 22/10/2018

The updates to the FRR include changes on the treatment of foreign currencies, haircuts for some securities and refinements on securities transaction receivables.