Hong Kong

Asian Banks, Investors Request Notice on Cross-Border Stock Trade

By Editors | 23/10/2014

Regulatory concerns surrounding the Shanghai-Hong Kong stock connect including the issue of tax on share gains have compelled asset managers and banks to ask the city’s regulator for a month’s notice before implementing the cross-border stock scheme.

Hong Kong Issues Data Protection Guidelines for Banking Industry

By Editors | 15/10/2014

Hong Kong has issued new guidelines for the banking industry on how to meet its data protection obligations amid rising number of complaints against banks’ privacy protection practices.

Shanghai-Hong Kong Stock Connect is a Breakthrough for Direct Access to China Stocks

By Editors | 14/10/2014

Solutions to meet the challenges and deliver opportunities.

Hong Kong Regulator Warns Against Short Position Reporting Lapses

By Editors | 09/10/2014

The Securities and Futures Commission has warned against inaccurate reports and late filing on short positions, noting that a contravention of rules without a reasonable excuse may constitute a criminal offence.

HKEx and Dual Class Shares: Solving the Chinese Puzzle

By Peter Guy | 07/10/2014

Reconciling the contradictions and problems of dual class shares for the Hong Kong market will define its future.

Ashley Alder Appointed to Second Term as SFC CEO

By Editors | 26/09/2014

Ashley Alder has been appointed for a second three-year term as chief executive of the Securities and Futures Commission.

Hong Kong Regulator Seeks Tougher Vetting Rules for GEM Companies

By Editors | 18/09/2014

The Securities and Futures Commission is recommending that the the city’s stock exchange tighten its vetting process for Growth Enterprise Market-listed (GEM) companies that seek listing on the main board.

Hong Kong Lobbies Beijing to Lift Cap on Yuan Conversion

By Editors | 15/09/2014

The Hong Kong Monetary Authority has asked Beijing to lift the cap on the amount of yuan local residents can convert as part efforts by the city’s de facto central bank to boost the amount of mainland currency in the system ahead of the Stock Connect scheme with Shanghai next month.

Hong Kong to Enhance Protection for Bank Depositors

By Editors | 14/09/2014

Hong Kong regulators are seeking industry views on recommendations to improve a scheme that provides a financial safety net for depositors in the event of a banking crisis.