HONG KONG

SFC Opposes HKEx on Weighted Voting Rights for Hong Kong Stocks

By Editors | 26/06/2015

The Securities and Futures Commission has issued a statement announcing it does not support allowing weighted voting rights structures in companies listed in Hong Kong.

Operating Hours of Yuan Liquidity Facility Extended by HKMA

By Editors | 24/06/2015

The Hong Kong Monetary Authority announced that it will extend the operating hours of the intraday repo under the Renminbi Liquidity Facility from July 20.

HKEx Commodity Connect Scheme Faces Obstacles

By Editors | 24/06/2015

HKEx chances of duplicating in metals its success in connecting with stock traders on the mainland may be diminishing.

HKEx to Revive Closing Auction System, Impose Volatility Controls

By Editors | 24/06/2015

The Hong Kong Exchanges and Clearing board has approved two major reforms to regulate stock price movements to be implemented next year.

Hong Kong Brokers to Directly Access London Stock Exchange

By Editors | 16/06/2015

The Securities and Futures Commission (SFC) has granted a licence to the London Stock Exchange (LSE) to accept Hong Kong financial firms as exchange members.

Hong Kong Extends Tax Exemption for Offshore Funds

By Editors | 13/06/2015

The Hong Kong Government has extended its offshore funds tax exemption, allowing investments in private companies to qualify and loosening other restrictions.

SFC Proposes Legislative Change to Increase Cross-Border Regulatory Assistance

By Editors | 05/06/2015

The SFC is proposing legislative amendments which would give it discretion to provide supervisory assistance to regulators outside Hong Kong.

When Family Ownership Triumphs Over Compliance

By Peter Guy | 03/06/2015

Bank of East Asia faces a challenge from hedge fund revealing the governance shortfalls of family ownership.

Hong Kong Regulator Reprimands BNP for Unreported Cross Trades

By Editors | 02/06/2015

The Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Securities (Asia) Limited HK$11 million for failing to report more than HK6 billion of cross trades over a 10-year period.