Hong Kong

Hong Kong Appoints Ex-Regulators to HKEX Board

By Editors | 02/03/2023

Former HKMA chief Joseph Yam and ex-SFC chairman Carlson Tong have been appointed as board directors for HKEX.

Market Infrastructure

IDX Seeks to Secure Dual-Listing Arrangement with HKEX

By Editors | 01/03/2023

IDX is seeking a mechanism to allow Indonesian start-ups, state-owned enterprises, and index ETFs to list in Hong Kong.

Crypto / Digital Assets

SFC Authorises HashKey to Conduct OTC Crypto Trades

By Editors | 01/03/2023

The approval allows HashKey to act as an intermediary to facilitate trades between parties including for unlisted tokens.

Securities / Derivatives

HKEX to Commence FINI External User Testing from 1 March

By Editors | 28/02/2023

External user testing will occur between 1 March and 19 May. The new web-based platform will officially roll out later this year.

Enforcement

SFC Bans Former Dah Sing Bank Representative for Life

By Editors | 28/02/2023

The former relationship manager convinced an elderly customer to redeem an investment and then used the proceeds to repay his own debts.

HKMA Offers Guidance on Streamlining Investment Sales Process

By Editors | 28/02/2023

The HKMA said “misunderstandings” on the regulatory standards that may have may have lengthened investment product selling processes.

Securities / Derivatives

HKEX to Adjust Rules to Support CSRC’s New Overseas Listing Regime

By Editors | 27/02/2023

Listing applicants from the Mainland will have to submit to HKEX a notification issued by the CSRC confirming their completion of Mainland’s filing procedures.

Market Infrastructure

Stock Connect Trading Calendars Adjustments to Take Effect in April

By Editors | 27/02/2023

The trading calendar enhancements will add more than ten trading days to northbound and southbound Connect each year.

Crypto / Digital Assets

Hong Kong Budget to Advance Green, Crypto Hub Ambitions

By Manesh Samtani | 23/02/2023

Financial Secretary Paul Chan announced in the government’s 2023-2024 budget that he will establish and lead a task force on virtual asset development.