After years of competing in the fintech space, Hong Kong and Singapore have finally signed a fintech cooperation agreement, according to separate statements from the Hong Kong Monetary Authority (HKMA) and Monetary Authority of Singapore (MAS).
Tag: Hong Kong
Northbound MRF funds record highest inflow in 13 months
Northbound funds under the Mutual Recognition of Funds (MRF) set another record for net inflows in September, according to data from the State Administration of Foreign Exchange.
Premia Partners joins Hong Kong’s ETF market
The firm received a green light from the Securities and Futures Commission to launch two China-focused ETFs, according to the latest records from the regulator.
Au: ETFs struggle in inefficient HK market
King Au, CEO at Value Partners Group, said ETFs listed in Hong Kong are unattractive to investors because they do not have the advantages of liquidity and low cost.
China AMC and Mirae delist ETFs in HK
ETFs managed by China Asset Management in Hong Kong and Mirae Asset Global Investments are among the products that will be delisted from the Stock Exchange of Hong Kong, according to records from the bourse.
Study: HK fund industry shows slight improvement
Both Hong Kong and Singapore have no fund investment tax but carry some of the highest fund fees globally, according to the Global Fund Investor Experience (GFIE) study by Morningstar.
HK to review fund industry’s tax concerns
The Hong Kong government will be conducting a comprehensive review of the existing tax concessions applicable to the fund industry, according to Paul Chan, Hong Kong’s financial secretary.
HK to conduct review on fund industry’s tax concerns
The Hong Kong government will be conducting a comprehensive review of the existing tax concessions applicable to the fund industry, according to Paul Chan, Hong Kong’s financial secretary.
Content Clever 2017 – Singapore & Hong Kong
We present photo highlights of Last Word’s Content Clever breakfast meetings, which were held on September 19 and 20 in Hong Kong and Singapore, respectively.
Northbound MRF fund inflows hit record $1.6bn
Total net inflows for Hong Kong-domiciled funds available for sale in China through the MRF have surpassed the RMB 10.69bn ($1.62bn) mark for the first time since the scheme began at the end of 2015.
