After a Brexit delay, Hong Kong’s Shenzhen market connect is “imminent” and the Shanghai-London link will go forward, according to reports.
Tag: Stock Connect
Shanghai-London stock link ready
An agreement for the Shanghai-London Stock Connect is expected to be signed in September, according to local reports.
East Capital plucks BNPP manager for Asia team
East Capital, the emerging markets-focused fund house, has appointed Francois Perrin as a portfolio manager based in Hong Kong.
Interest in Bond Connect with China grows
Exchanges in Hong Kong and Russia are each firming up their own plans for separate Bond Connect initiatives with China.
HKEx: Despite a wild ride, the Connect has been mainly successful
Nearly one year after launch, the Stock Connect has largely been a success in terms of what regulators set out to do, though much more needs to be done, according to Tae Yoo, head of client business development in the global markets division for the Hong Kong Stock Exchange.
HK SFC chairman re-appointed
Carlson Tong has been reappointed as the chairman of the Hong Kong securities regulator for a second term of three years.
Ireland approves UCITS for Stock Connect
A rush of applications are expected after the Central Bank of Ireland’s clarification of rules governing how Irish-domiciled funds can utilise the Shanghai-Hong Kong Stock Connect, according to industry group Irish Funds.
HK, China mutual recognition of funds to take off 1 July
The Securities and Futures Commission and the China Securities Regulatory Commission today said they have signed a cooperation pact for the initiative and agreed on the implementation principles. “The mutual recognition of funds initiative is a major breakthrough in the opening up of the mainland’s funds market to offshore funds,” the SFC’s chairman Carlson Tong […]
SFC reveals public list of ‘cold shoulder’ orders
The new register, displayed on the homepage of the SFC’s website, names persons or companies who are the subjects of current cold shoulder orders made by the courts, the market misconduct tribunal or the takeovers panel. New York-based Tiger Asia Management is one such company appearing on the list. The hedge fund was slammed with a […]
China opens door further by clarifying “beneficial ownership”
The mainland regulator posted an FAQ notice on its website stating that “investors are legally entitled to the rights and benefits of shares acquired through the northbound trading link. “Accordingly, the CSRC Stock Connect Rules have expressly stipulated that, in northbound trading, overseas investors shall hold SSE [Shanghai Stock Exchange] securities through HKSCC and are entitled to […]