Markets & Investing
SFC to require periodic review of ESG funds
In a new circular, the SFC asks for the assessment of how ESG factors are incorporated in the financial market.
SFC to require periodic review of ESG funds
In a new circular, the SFC asks for the assessment of how ESG factors are incorporated in the financial market.
Hang Seng Index underperforms against world peers: Analyst
This was partially attributed to the absence of cyclicals in the index.
HKEX appoints new Chief Compliance Officer
Adam Singer will join the company in September.
Hong Kong to rank third in global IPO race
Hong Kong IPO is expected to perform strongly in the second half of the year.
Xinyi Glass secures $1b green loan
The loan from Hang Seng Bank will fund its green projects.
People’s Bank of China to issue RMB5b Bills
It will be issued through HKMA’s Central Moneymarkets Unit.
Morimatsu International eyes $2.48 per share price in global offering
The manufacturing firm will issue 250 million shares in its global offering.
Quantum Thinking profit rebounds $16.7m after 2020 loss
The Group recorded a $26.7m loss last year.
New measure raises stamp duty
It will increase the rate to 0.13% starting 1 August.
Angelalign estimates $2.51b net proceeds in global offering
Its offer price ranges from $147-173 per share.
S&P downgrades Hong Kong and China Gas to “A-“ over weaker financials
Despite this, the firm maintained its “stable” outlook.
Hong Kong-Mexico investment pact to take effect on 16 June
The agreement ensures fair, equitable and non-discriminatory treatment of investments.
“Boiler room” fraudsters ordered to compensate 75 investors
Victims of the scam have not been able to recover their investments.
Online brokerage Futu secures “BBB” S&P rating
It is the first online brokerage in Asia Pacific to obtain an international rating.
StanChart unit, BC Group to create crypto-exchange platform
It will target corporate clients in the UK, and Europe.
Vaccination “critical” in operational risk management: SFC
The SFC has issued a circular asking corporations to review their continuity plans.
HK sets licensing requirement for crypto exchange
Foreign firms will need to obtain a license as a virtual asset services provider.