Hong Kong

Enforcement

SFC, CSRC Agree to Allow Block Trading on Stock Connect

By Editors | 14/08/2023

Block trading will enhance price discovery and encourage more overseas investors to participate in the A-share market through Stock Connect, said the SFC’s Julia Leung.

Enforcement

SFC to Gain Powers to Tackle Insider Dealing with Cross-Border Element

By Manesh Samtani | 08/08/2023

The SFC will be better able to address insider dealing perpetrated in Hong Kong involving overseas-listed securities, and insider dealing perpetrated overseas involving HK-listed securities.

ESG / Sustainability

Hong Kong to Develop Roadmap for ISSB Standards Adoption

By Editors | 08/08/2023

A special working group will be established to work on the roadmap and make recommendations to the Green and Sustainable Finance Cross-Agency Steering Group.

Crypto / Digital Assets

SFC Warns of ‘Improper Practices’ by Unlicensed Crypto Exchanges

By Manesh Samtani | 08/08/2023

Some crypto exchanges have misled investors by falsely claiming they have applied for licences when in fact they have not.

Capital / Liquidity

HKMA Updates Timetable for Implementing Basel III Reforms

By Editors | 06/08/2023

The HKMA asks the banking industry for comments on the latest timetable by 4 September 2023.

ESG / Sustainability

The Future of Climate Reporting: A Deeper Look at ISSB, HKEX Proposals

By Siva Ramachandran | 06/08/2023

CFA Institute and CFA Society Hong Kong call for auditor oversight and proportionate approach to climate disclosure with differentiated requirements for GEM issuers.

Securities / Derivatives

HKEX to Launch Enhanced Block Trade Facility for Derivatives on 28 Aug

By Editors | 05/08/2023

Exchange participants are asked to coordinate with their operations team, IT team and external vendors to ensure operational and technical readiness.

Crypto / Digital Assets

HashKey, OSL Win Approvals Needed to Serve HK Retail Crypto Investors

By Manesh Samtani | 04/08/2023

As existing licence holders, both firms had to undergo only a simplified process to obtain the required approvals.

Capital / Liquidity

BIS Paper Draws Lessons from HKMA Approach to NBFI Monitoring

By Manesh Samtani | 03/08/2023

The HKMA framework highlights how multiple data sources can be used to extract valuable information and signals for timely NBFI monitoring.