China, Hong Kong regulators approve link; total daily quota set at USD3.5 billion.
Listing application vetting, registered entities hit record highs.
HKMA responds to concerns about SME and start-up access to banking services.
Esmond Lee retires effective 7 August.
The revision aims to promote banks’ ability to withstand liquidity events.
Association aims to restore China's hedge fund industry as managers comply with stricter rules.
The appointee will serve as head of investment products for three years.
Judgment suggests even 'clean' money can lead to prosecution if there are circumstantial indications of an offence.
Measure reintroduced to improve accuracy of closing share prices receives muted response.
Chamber of Hong Kong Listed Companies says reform will threaten market development.