Trading & Investment

Trading & Investment

China to Grant Domestic Investors Greater Access to Foreign Markets

By Editors | 30/11/2020

The QDLP and QDIE programmes – piloted in Shanghai, Beijing and Shenzhen – will be expanded “in the near future”, according to China’s foreign exchange regulator

Trading & Investment

China: Banks Suspend Opening of Precious Metals Trading Accounts

By Editors | 30/11/2020

Seven banks have temporarily stopped opening new accounts for precious metals trading amid concerns that heightened volatility could lead to losses and complaints.

PEPs & Sanctions

North Korea Executes Currency Trader in FX Crackdown: Report

By Editors | 30/11/2020

North Korea is tightening controls over its economy and the use of foreign currency, amid a near 20% appreciation of the won over the US dollar in recent months.

Trading & Investment

Japan FSA Orders JPX, TSE to Improve Following Market Outage

By Editors | 30/11/2020

TSE President and CEO Koichiro Miyahara has resigned to take responsibility for a system failure that caused a full-day market closure in October.

Structural Regulation

HKEX Proposes to Raise Profit Requirement for New IPOs

By Manesh Samtani | 30/11/2020

One option HKEX proposes is to raise the profit requirement for companies seeking to list in Hong Kong threefold, reflecting the growth of the Hang Seng Index since 1994.

Structural Regulation

SFC Finalises Changes to Grant Greater Flexibility to REIT Managers

By Editors | 29/11/2020

REITs will be allowed to invest in minority-owned properties and property development projects, and borrowing limits will be increased.

Trading & Investment

HKEX Announces Stock Connect Expansion Arrangements

By Manesh Samtani | 29/11/2020

Pre-revenue biotech companies listed on Hong Kong’s Main Board will be included from 27 December. SSE STAR Market stocks will be included in early 2021.

Trading & Investment

TFEX Announces Launch of Japanese Rubber Futures Contract

By Editors | 29/11/2020

The cash-settled rubber futures contract will use the Osaka Exchange’s RSS3 futures delivery prices as settlement prices on the Thailand Futures Exchange.

Trading & Investment

DSB Calls for Asian Members to Join Product Committee

By Editors | 29/11/2020

The DSB seeks to expand its Product Committee membership to include more OTC derivatives users from Asia to further broaden industry collaboration geographically.