Hong Kong

ESG / Sustainability

HK to Enhance Mainland Connection via Stock Connect, Carbon Market

By Sanday Chongo Kabange | 15/12/2021

The SFC is seeking to align Hong Kong’s trading days with the mainland, add more securities to Stock Connect, and establish a cross-border carbon market.

Securities / Derivatives

SFC Set to Launch Digital Licensing Platform on WINGS

By Editors | 15/12/2021

New electronic licensing forms for licence applications, annual returns, notifications and regulatory filings are to be submitted through WINGS from 3 January.

Securities / Derivatives

HKEX Lists First ETFs Tracking MSCI China A 50 Connect Index

By Sanday Chongo Kabange | 14/12/2021

Two ETFs managed by China Asset Management and CSOP Asset Management listed on Monday, while a third will list on today.

Securities / Derivatives

SFC Sets Out Rules for Quarantine-free Travel to Mainland

By Manesh Samtani | 14/12/2021

Staff or directors of licensed corporations whose main purpose of travel is for the management of the firm’s Mainland business are eligible.

ESG / Sustainability

HK Bourse Finalises New Rules on Governance, Board Diversity

By Editors | 13/12/2021

Amended corporate governance code and listing rules will require firms to ensure board independence, refreshment, and diversity from 1 January 2022.

ESG / Sustainability

PBOC Reiterates Commitment to Hong Kong Financial Centre

By Sanday Chongo Kabange | 13/12/2021

Key areas of collaboration to enhance Hong Kong’s roles as an international financial centre include CBDC, regtech, green finance development.

Fintech / Regtech

HK Associations Published Revised Code of Banking Practice

By Editors | 13/12/2021

Banks are expected to achieve full compliance with the new provisions within six months. The Code is endorsed by the HKMA.

ESG / Sustainability

HKMA Shares ‘Sound Practices’ in Bank Climate Strategies

By Manesh Samtani | 09/12/2021

Banks are “strongly encouraged” to enhance their green and sustainability programmes to encompass climate risk management and the sound practices.

Securities / Derivatives

HKFE Gets CFTC Certification for Two More China Futures Contracts

By Sanday Chongo Kabange | 08/12/2021

The certification of the two contracts means they can be offered and sold to persons in the US, and that US investors can trade the contracts from within the US.