Securities / Derivatives

Market Infrastructure

SET Board Approves Measures to Boost Market Confidence

By Sanday Chongo Kabange | 17/04/2024

HFT firms will have to register with the SET and securities firms will have to implement controls to prevent naked short selling.

Securities / Derivatives

CSRC Addresses Concerns Over New Delisting Rules

By Editors | 17/04/2024

Chinese small-cap stocks sold off for two days after the CSRC announced new delisting rules and dividend requirements for listed companies.

Securities / Derivatives

RBI Permits Use of GIFT City OTC Segment to Hedge Gold Price Risk

By Ajoy K Das | 17/04/2024

Resident entities can hedge gold price risks using OTC derivatives in GIFT City, in addition to exchange-traded derivatives.

Securities / Derivatives

BNP Paribas Wins Approval for Securities Unit in China

By Editors | 16/04/2024

The approval comes three years after the application. The new wholly-owned securities unit will be established in Shanghai.

ESG / Sustainability

Chinese Bourses Finalise Sustainability Reporting Guidelines

By Manesh Samtani | 16/04/2024

Companies listed in key indices will have to report in line with the new guidelines by 30 April 2026. The double materiality principle is adopted.

Enforcement

SFC Orders Trading Suspension of Listed Fruit Products Seller

By Editors | 16/04/2024

The company was earlier ordered to reconstitute its board of directors and engage an independent manager over more than $60m in missing funds.

Securities / Derivatives

HKEX Confirms Decision to Allow Issuers to Hold Treasury Shares

By Manesh Samtani | 16/04/2024

Allowing Hong Kong-incorporated issuers to hold treasury shares will give them “greater flexibility in managing their capital structure”.

Crypto / Digital Assets

SFC Grants First In-Principle Approvals to Spot Crypto ETFs

By Editors | 15/04/2024

At least three firms have received conditional approval to launch spot bitcoin and ether ETFs and are now expected to file listing applications.

Securities / Derivatives

CSRC Releases Legislative Work Plan for 2024

By Editors | 15/04/2024

The legislative agenda includes plans to revise the CSRC’s rules for private funds, REITs, and securities and futures firms, including in relation to information tecchnology.