It failed to monitor record keeping and trading activities in discretionary accounts.
Category: Hong Kong
Hong Kong to authorise virtual asset ETFs
The Hong Kong government issued a policy statement on the development of virtual assets today.
Fidelity launches Bitcoin ETP for Hong Kong investors
The UK investor has been adding to its suite of digital asset products lately.
Hong Kong vows to support family offices
Chief executive John Lee proposed incentives to attract family offices to set up in Hong Kong.
Hong Kong posts drop in investment product transactions
Structured products continued to be the predominant product sold, SFC and HKMA data show.
Harvest debuts active sustainable lifestyle ETF
The ETF invests in three investment themes: technology, consumer discretionary and ESG.
BOCHK partners on RMB-denominated green fund
Bank of China’s Hong Kong subsidiary partners with South African asset manager Ninety One exclusively on RMB-denominated green fund.
abrdn loses senior investment specialist
UK-headquartered asset manager shuffles the deck internally following departure.
Extend CGT to ESG funds – HKGFA
Non-profit body wants to see the common ground taxonomy more commonly applied to ESG funds.
Thematic funds do not guarantee long-term performance – Morningstar
Only three out of four thematic funds survived in a 10-year period, according to Morningstar data.