News Centre

HKEX Chief Executive Charles Li's Elaboration On HKEX's Strategic Plan 2016-2018

Date 21/01/2016

1. Is your plan too ambitious? Can you complete the proposed initiatives within three years?

Achievement of a number of the initiatives included within our Strategic Plan are subject to external factors, including local and overseas regulatory approvals, the pace of Mainland policy developments and market readiness. We will continue to pursue proactive engagement with regulators, policy makers and market participants, and while the completion timeline for certain of our initiatives may extend beyond the current three-year plan, we aim to make significant progress on all parts of our Strategic Plan between now and the end of 2018.

EU-Japan High Level Meeting On Financial Issues

Date 21/01/2016

On January 20, 2016, the Financial Services Agency (FSA), the European Commission and European Securities and Markets Authority held the EU-Japan High Level Meeting on Financial Issues in Tokyo.

HKEX Rolls Out Its Strategic Plan 2016-2018

Date 21/01/2016

Hong Kong Exchanges and Clearing Limited (HKEX) today (Thursday) announced its Strategic Plan 2016-2018, outlining the development roadmap for HKEX and Hong Kong's financial markets.

EGX Board Discusses Stock Market Developments And Suggestions For Recovery From Market Parties

Date 21/01/2016

• Omran: The State Orientation to offer State-owned Companies in the Market is a  Strategic step in an important Time. 
• Omran: The Decision reflects the state’ Awareness about the Capital Market importance during the Current Circumstances

Shenzhen Stock Exchange Market Bulletin 18 January, 2016, Issue 3

Date 21/01/2016

Last week, Shenzhen Component Index tumbled 8.2% to 9997.9 points. SME Index closed at 6632.1 points after losing 7.9%. ChiNext Index was down 6.1% to 2112.9 points. Total turnover for stocks and funds on SZSE was US$263.3 billion, or a 7.1% decrease from the week before.

EGX Board Members Congratulates Mr.Alaa Sabei For Ending His Membership

Date 21/01/2016

• Mr. Alaa Sabei resigned from EGX Board due to the proximity of his resignation from Beltone Financial Holding 
• Sabei thanked EGX Board, appreciating the period that he spent in the board.

IMF Executive Board Initiates Selection Process For Next Managing Director

Date 21/01/2016

The Dean of the Executive Board of the International Monetary Fund (IMF), Mr. Aleksei Mozhin, made the following statement today:

“I am very pleased to announce that the Executive Board has adopted an open, merit-based, and transparent process for the selection of the Managing Director, similar to the one used in the previous round."

SEC: Ocwen Paying Penalty For Misstated Financial Results

Date 20/01/2016

The Securities and Exchange Commission today announced that Ocwen Financial Corp. has agreed to settle charges that it misstated financial results by using a flawed, undisclosed methodology to value complex mortgage assets.

Susan Nash, Associate Director In Division Of Investment Management, To Leave SEC After 26 Years Of Service

Date 20/01/2016

The Securities and Exchange Commission today announced that Susan Nash, Associate Director in the Division of Investment Management, will leave the agency at the end of January.

CFTC Charges Oklahoma Resident Kevin J. Davis With Acting As An Unregistered Commodity Pool Operator And Engaging In Prohibited Pool Operator Activities

Date 20/01/2016

The U.S. Commodity Futures Trading Commission (CFTC) today announced that on January 15, 2016, it filed a civil enforcement action in the U.S. District Court for the Western District of Oklahoma charging Kevin J. Davis of Ponca City, Oklahoma with acting as an unregistered commodity pool operator, failing to operate his commodity pool as a separate legal entity, accepting funds from pool participants in his own name, and commingling pool participants’ funds with his own. On the same date, Judge Vicki Miles-LaGrange entered a Temporary Restraining Order prohibiting Davis from acting in any capacity requiring registration with the CFTC, soliciting and accepting funds from others for trading commodity interests, and freezing Davis’ assets pending further order of the court.