Trading & Investment

Trading & Investment

SZSE Launches Technical Systems for Publicly Offered REITs

By Sanday Chongo Kabange | 01/03/2021

A review system, information disclosure website and offline offering system went live on 1 March, completing the SZSE’s technical preparatory work for a national REITs pilot programme.

Credit Risk

RBI Eases Foreign Investor Access to Defaulted Bonds

By Editors | 01/03/2021

The RBI says FPIs will be exempt from the residual maturity requirement, investment limit and investor limit when investing in defaulted corporate bonds.

Market Abuse

FSC Korea Fines Ten Foreign Firms for Short Selling Violations

By Editors | 28/02/2021

The FSC did not name the firms that were penalised, but said the highest fine was KRW 180 million against a firm that committed four violations.

Trading & Investment

BOT to Issue First THOR-linked Floating Rate Bond in March

By Editors | 26/02/2021

Institutional investors such as commercial banks, mutual funds, and insurance companies will be allowed to participate in the auction.

Sustainable Finance

New Initiatives Announced to Promote Hong Kong Capital Market

By Manesh Samtani | 25/02/2021

Paul Chan spoke of measures to boost green bond issuance, launch southbound Bond Connect, expand Stock Connect, and subsidise REITs, fund managers and family offices coming to Hong Kong.

Trading & Investment

SEBI, FinMin Order NSE to Explain Three Hour Trading Halt

By Editors | 25/02/2021

NSE had attributed the trading halt to issues with their links to two telecom service providers. An interim report is expected within 24 hours.

Trading & Investment

Hong Kong to Increase Stamp Duty on Stock Transactions

By Manesh Samtani | 24/02/2021

The decision is estimated to raise trading costs by 6-15 percent, depressing trading volumes and squeezing HKEX’s earnings per share by 3-7 percent.

Structural Regulation

Schroders Wealth Management JV Wins CBIRC Approval

By Editors | 24/02/2021

The joint venture with BOCOM will become the third wealth management JV with foreign majority owners to receive regulatory authorisation in China.

Structural Regulation

Bursa Malaysia to Allow Lower Public Shareholding Spreads

By Editors | 23/02/2021

The exchange will consider applications from issuers to have public shareholding spreads of between 15% and 20%, compared to current requirements for 25%.