Hong Kong’s Securities and Futures Commission said two Value Partners funds issued shares exceeding the authorised limit and the firm did not report the incident in a timely manner.
Tag: Hong Kong
MRF reports $1.1bn in first-year sales
After the first full year of operation, the Mutual Recognition of Funds scheme had net sales of about $1.1bn, the bulk of that from northbound fund sales.
HK’s SFC clarifies governance rules
Some financial firms do not appoint their most senior managers as responsible officers, according to Julia Leung, the SFC’s executive director for intermediaries.
HK signs cross-border cooperation agreement with the US
Hong Kong’s Securities and Futures Commission has entered into a memorandum of understanding on cross-border cooperation with the US Securities and Exchange Commission.
StanChart HK CEO to retire
Mary Huen will succeed May Tan as the new Hong Kong CEO, while three other appointments have been made.
Amundi’s guaranteed fund tests the water in HK
A rare launch of a guaranteed fund in the SAR is said to fill the gap for products with low volatility and capital preservation, although analysts hold reservations.
HK’s online banking scams spike
The number of online scams involving brand name private banks operating in Hong Kong is at a record high, according to data from the Hong Kong Monetary Authority.
HKIFA sees equity fund comeback in 2017
Fixed income inflows turned positive in 2016, but the Hong Kong Investment Funds Association is optimistic about equity funds in the first half.
Hiring in Hong Kong’s AM industry slows
However, strong demand for relationship managers and fintech professionals remains, according to a recent salary survey report by Robert Walters.
FSA AWARDS Hong Kong 2017
We present photos from the FSA Awards in Hong Kong, held in partnership with FE Advisory on January 11 at the Renaissance Harbour View Hotel.
