Hong Kong

Market Infrastructure

Bonnie Chan Takes Over as Chief Executive of HKEX

By Manesh Samtani | 04/03/2024

The CEO-handover took effect just after HKEX reported an 18% jump in its 2023 profits, but a 13% drop in fourth-quarter profits.

Securities / Derivatives

Hong Kong Launches New Immigration Scheme for Investors

By Manesh Samtani | 04/03/2024

The New Capital Investment Entrant Scheme opened for applicants on Friday, several months earlier than expected.

ESG / Sustainability

Hong Kong Launches Prototype ‘Green Fintech Map’

By Editors | 03/03/2024

The Map is a directory of more than 50 green fintech firms so far, intended to help firms identify solutions that meet their business needs.

Crypto / Digital Assets

SFC Issues Guidance on Disciplinary Process Under Virtual Assets Regime

By Sanday Chongo Kabange | 01/03/2024

The guide describes the SFC’s process for taking disciplinary action, what such action can entail, and who can be subject to such action.

Crypto / Digital Assets

SFC Stops Accepting Licence Applications from Crypto Platforms

By Manesh Samtani | 01/03/2024

24 licence applicants are listed on the SFC’s website, including OKX, Crypto.com, Bybit, Bullish, Gate Group, Huobi and Matrixport.

Securities / Derivatives

Hong Kong Lists First-ever Covered Call ETFs

By Sanday Chongo Kabange | 29/02/2024

HKEX’s Brian Roberts said the two new ETFs help to further diversify the exchange’s line-up of exchange-traded products.

AML / KYC

Hong Kong Concludes First International Anti-Corruption Training

By Sanday Chongo Kabange | 29/02/2024

The training programme, co-organised by the ICAC and UNODC, brought together participants from 19 jurisdictions.

Enforcement

HK Retail Trader Convicted of Fraud Involving Naked Short Selling

By Sanday Chongo Kabange | 28/02/2024

This is the first criminal conviction in Hong Kong for securities fraud involving illegal short selling.

Crypto / Digital Assets

HK Budget Promises Financial Sector Development, Boost for Property Market

By Manesh Samtani | 28/02/2024

Restrictions on property transactions removed. Property lending requirements eased. HK$100mn pledged to promote financial services.