Backed by court orders, the Securities and Futures Commission froze the online activity of three unlicensed securities trading firms alleged to be engaged in fraudulent schemes.
Tag: Hong Kong
HK fund body positive on Stock Connect
A majority of fund houses in Hong Kong intend to use the Stock Connect in 2015 to access the China A-share market, according to a survey by the Hong Kong Investment Funds Association.
iShares captures one third of global ETF flows
BlackRock attracted $102.8bn in new inflows in its iShares business in 2014, driven by interest in its US and European products, particularly from Asian and Latin American clients.
Hong Kong regulators halt securities firm
The Securities and Futures Commission has frozen the activities of Goodcape Securities Ltd for being insufficiently capitalised.
VAM Funds taps China’s clean energy sector
VAM Funds believes China’s clean energy sector is poised for high growth over the next five years, driven by increasing consumption and government initiatives, said Martina Turner, lead portfolio manager.
Fund transactions up in Hong Kong
Total transaction value of mutual funds and unit trusts in Hong Kong increased 35% in 2014, while the aggregate value of all product categories was down 8%.
Hong Kong protests commentary
Are Hong Kongs pro-democracy protests a threat to society? To Beijing? And could they turn violent? Will they persist indefinitely? Robert Horrocks, CIO Matthews Asia, comments.
Hong Kong regulators suspend ICBCI broker
Hong Kong’s Securities and Futures Commission has suspended the licence of a former ICBC International Securities representative for failures in his work on a 2009 IPO.
Bank Pictet appoints independent board director
The Pictet Group has appointed Koh Boon Hwee as an independent board director of Bank Pictet & Cie (Asia), the Group’s private banking entity in Singapore.
PineBridge appoints Asia head of marketing
PineBridge Investments has hired Eastspring Investments Jacinta Reddan as managing director, head of marketing and communications for Asia.
