Starting January 9, issuers can apply for listings of leveraged and inverse ETFs tracking all broad-based indices except mainland China- related indices, Hong Kong’s Securities and Futures Commission said.
Tag: Hong Kong
Best and worst equities sector funds
Funds focused on India, Japan and North America were among the best-performing products in Hong Kong and Singapore in 2016, while Europe and Latin America were at the bottom.
HK rolls out internship programme in latest fintech push
The Hong Kong Monetary Authority and the Technology Research Institute have rolled out a programme that provides fintech internships for undergraduate and postgraduate students, as part of its latest move to become Asia’s leading fintech hub.
SFC sets new rules for senior management oversight
Senior managers at financial firms must take greater accountability for corporate wrongdoing, according to a circular released by the Hong Kong Securities and Futures Commission (SFC) on Friday.
Greater transparency tops wealth manager’s challenges in 2017
The upcoming Common Reporting System (CRS) is set to pose “fundamental changes” to the wealth management industry both regionally and globally in 2017, said Kevin Liem, CIO at TTG Wealth Management.
Singaporean HNWIs hold more cash than HK counterparts
High-net-worth individuals in Singapore hold more amounts of cash and deposits compared to their Hong Kong counterparts, according to Ivan Han, a Singapore-based senior analyst at Cerulli Associates.
Survey: HK top regional fund hub by 2025
A majority of asset managers believe that Hong Kong will be the leading Asian cross-border fund domicile by 2025, far ahead of its rival Singapore, according to a survey conducted by Brown Brothers Harriman.
Value Partners’ new CEO is ex-Eastspring HK chief
Au King-lun joins Value Partners today after serving one year as Eastspring Investments Hong Kong CEO.
Survey: Hong Kong fund sales drop
Sales of collective investment schemes in Hong Kong dropped by 15% from HK$65bn (US$8.4bn) to HK$55bn during the period April 2015-March 2016, according to the SFC’s yearly survey.
Tumult in HK ETF market
New launches, delistings and fee cuts of ETFs continue ahead of the highly anticipated ETF Connect as well as the potential extension of L&I ETFs to track Hong Kong equities.