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.

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.