Hong Kong

Market Infrastructure

ASIFMA Calls for More Enhancements to Wealth Connect Scheme

By Sanday Chongo Kabange | 05/03/2024

ASIFMA calls for a further increase in the individual investment quota and a more extensive expansion to the list of eligible products.

Crypto / Digital Assets

SFC Issues More Warnings About Suspected Crypto Frauds

By Sanday Chongo Kabange | 05/03/2024

BitForex, which disappeared with users’ funds last month, was added to the alert list, along with suspicious websites impersonating HashKey and OSL.

Capital / Liquidity

HKMA Issues Revised SPM Module on CCyB Settings

By Editors | 05/03/2024

The revised SPM module introduces a Positive Neutral CCyB of 1% for Hong Kong to ensure an additional buffer is available in the event of a shock.

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.