Hong Kong

Hong Kong's SPAC framework will reportedly be issued for public consultation this month, proposing that only professional investors be allowed to participate.

Users will have access to Level 1 live streaming Hong Kong securities market data from their mobile devices.

The PBOC, HKMA and AMCM have published the implementation details to support the launch of the Cross-boundary Wealth Management Connect Pilot Scheme.

The southbound leg of Bond Connect will also be launching shortly. A press release will be held this afternoon to announce implementation details.

The bribes were paid as an inducement to or reward for the ex-banker to conceal the identity of the ultimate controller of two SMEs that obtained loans from HSBC.

Culture is the "invisible glue" that holds a bank together and assumes an even more critical role during the pandemic, says the HKMA's Arthur Yuen.

Hong Kong is exploring opportunities to establish a unified carbon market in the Greater Bay Area, leveraging the Guangdong ETS and Shenzhen ETS.

An announcement may come as early as Friday, ahead of a formal launch on the first Monday after China's Golden Week holiday.

The enhancement will allow clearing participants to submit position adjustments requests directly at DCASS Online, replacing the existing paper-based workflow.

The SFC has approved three new Deutsche Bank hires who can act as IPO sponsor principals, after its licence was suspended in July due to a staffing gap.