HONG KONG

Market Infrastructure

Hong Kong to Expand Concessions for Family Offices

By Manesh Samtani | 29/03/2025

Hong Kong officials Paul Chan and Christopher Hui said there would be new initiatives this year for funds, family offices and private equity firms.

Market Infrastructure

HKMA Sets Testing Deadline for New Derivatives Reporting Regime

By Manesh Samtani | 29/03/2025

Regulated entities subject to the new OTC derivatives reporting regime must complete the simulation test and submit a readiness declaration form by 12 September.

Securities / Derivatives

HKEX Issues Compliance Bulletin on ChiNext Trading, LOP Reporting

By Manesh Samtani | 29/03/2025

The bulletin focuses on elibility for trading in ChiNext shares and compliance with LOP reporting requirements for Holiday Trading contracts.

AML / KYC

Financial Crime Fighters Set to Gather in Hong Kong

By Manesh Samtani | 28/03/2025

The HKMA and GCFFC are bringing together financial crime fighters from around the world amid an increasingly complex threat landscape.

Fintech / Regtech

HKMA Preparing to Further Enhance Wealth Connect Scheme

By Manesh Samtani | 28/03/2025

The enhancement would aim to refine quota eligibility, further expand the suite of eligible products, improve the selling process, and investors more Mainlanders to participate.

Hong Kong’s New CIES Receives Over 900 Applications Since Launch

By Sanday Chongo Kabange | 28/03/2025

In-principle approval has been granted to more than 700 applications and “formal approval” to over 300 applications.

Securities / Derivatives

CSRC Green Lights CATL’s Planned $5b IPO in Hong Kong

By Editors | 27/03/2025

The battery maker’s IPO would be the largest share sale in Hong Kong since January 2021. The proceeds will be used to build factories overseas.

Fintech / Regtech

HKMA Applying GenAI to Monitor for Banking System Risks

By Manesh Samtani | 27/03/2025

HKMA is using an in-house GenAI tool to analyse banks’ earnings call transcripts to identify major risks ahead of actual stress events.

Securities / Derivatives

HKFE Clearing Corp Announces Changes to Intra-day VA Call Processes

By Manesh Samtani | 26/03/2025

Two new scheduled intra-day VA calls will be introduced daily for all open positions, and ad hoc intra-day VA calls will continue but with enhanced criteria.