Nasdaq

Structural Regulation

HK to Allow Secondary Listings from Some Corporate WVR Companies

By Manesh Samtani | 01/11/2020

Subject to certain requirements, Greater China issuers primary listed on the Nasdaq, NYSE or the LSE’s premium listing segment will be allowed to secondary list in Hong Kong.

Trading & Investment

US Launches Three New Exchanges, Including MEMX

By Sanday Chongo Kabange | 24/09/2020

Long-Term Stock Exchange (LTSE) launched on 17 September; Members Exchange (MEMX) on 21 September; MIAX Pearl will launch on 25 September.

Fraud, Scams & Cybercrime

China Market Supervisor Issues Fines Against Luckin Coffee

By Editors | 22/09/2020

Luckin was able to falsely inflate revenue, costs and profits last year with the help of 43 third-party companies, which have also been fined.

Trading & Investment

US SEC Approves Rules to Allow Direct Listings on NYSE

By Editors | 31/08/2020

Direct listings allow private companies to raise money without going through the high IPO underwriting fees charged by investment banks.

Fraud, Scams & Cybercrime

SEC Opens Fraud Investigation Into Chinese Streaming Service iQiyi

By Sanday Chongo Kabange | 17/08/2020

The investigation into follows an April report from Wolfpack Research alleging Nasdaq-listed iQiyi inflated its revenue, user numbers and expenses.

Fraud, Scams & Cybercrime

Chinese Regulators Complete Luckin Probe, Confirm Fraud

By Editors | 04/08/2020

The Ministry of Finance and State Administration for Market Regulation both intend to impose administrative penalties against Luckin Coffee for fraud.

Trading & Investment

SGX Posts Strong Growth, Signals New Acquisitions, Derivatives

By Manesh Samtani | 02/08/2020

SGX is looking to develop into a hub for trading bonds, foreign exchange, commodities and derivatives, as it pivots away from being a pure equity exchange.

Structural Regulation

SGX, Nasdaq Agree to Streamline Dual Listing Process

By Editors | 21/07/2020

Under the agreement, information previously filed with the US SEC or Nasdaq can be used to fulfil documentary requirements for a dual listing in Singapore.

PEPs & Sanctions

New Bill Could Ban Some Chinese Firms from US Capital Markets

By Editors | 06/07/2020

The bill would reportedly seek to ban Chinese companies that engage in spying or human rights abuse, or support China’s military or industrial policy.