The ETF traded 92,550 units on its first day, compared to 1,435,800 units traded between CSOP's two ETFs on their first day last month.
January 16, 2023A consultation on retail trading will begin sometime in Q1. The SFC plans to start accepting applications for VASP licences in mid 2024.
January 12, 2023After the expansion, Stock Connect is expected to include stocks that account for more than 80 percent of equity trading in each market.
December 20, 2022Julia Leung will become CEO of the SFC on 1 January following Ashley Alder's departure to become the UK FCA's new chair.
December 16, 2022The guidelines strengthen requirements for futures brokers to safeguard client assets, put in place trading controls, and set prudent client limits.
November 28, 2022ETFs with crypto exposure through CME-listed BTC and ETH futures can be distributed to Hong Kong retail clients. The “professional investor only” requirement is under review.
November 1, 2022Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022The SFC is considering whether licensed firms should be allowed to provide crypto trading services to clients through omnibus account arrangements, and whether to allow crypto ETFs.
November 4, 2021New requirements on bookbuilding, pricing, allocation and placing activities will take effect in August 2022, the SFC said.
October 31, 2021The SFC is on the lookout for funds with outsized and concentrated bets to prevent an Archegos-type event in Hong Kong.
June 8, 2021