News Centre

Shenzhen Stock Exchange Market Bulletin 20 June, 2016, Issue 20

Date 21/06/2016

China's top securities regulator tightened the scrutiny on IPOs to eliminate any unqualified new share issues by companies. CSRC will particularly look into IPO fraud by companies that attempt to "whitewash" their financial accounts to gain regulatory approval and fail to disclose proper information to investors. Besides, the CSRC also revised the rules for major asset restructuring by listed companies, aiming to better regulate back-door listings and to curb the sometimes feverish speculation surrounding shell companies.

EDHEC: Risk Allocation Strategies Applied To Alternative Risk Factors Could Be More Relevant Than Hedge Fund Replication For Harvesting Alternative Risk Premia

Date 21/06/2016

In a new study entitled “Factor Investing and Risk Allocation: From Traditional to Alternative Risk Premia Harvesting”, drawn from the Lyxor Asset Management research chair on “Risk Allocation Solutions”, EDHEC-Risk extends the analysis of factor investing beyond traditional factors and seeks to investigate what the best possible approach is for harvesting alternative long short-risk premia.

ESMA Calls For Economic Advisors To Join Stakeholder Panel

Date 21/06/2016

The European Securities and Markets Authority (ESMA) has published today a call for candidates for its Group of Economic Advisors (GEA), an expert stakeholder group which assists ESMA's Committee for Economic and Markets Analysis (CEMA).

EEX Exchange Council: Michael Redanz Elected As New Chairman

Date 21/06/2016

On 15 June, the Exchange Council of the European Energy Exchange (EEX) held their second meeting of 2016 in Leipzig. In addition to changes in the staffing of the council, the meeting focused on new products for the Emission Allowance Market as well as changes to the rules and regulations in the context of the Market Abuse Regulation (MAR).

HKEX: Arrangements For Adjustment Of Hengan Structured Products And Options

Date 21/06/2016

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to Hengan International Group Company Limited (Hengan) structured products and options to account for Hengan’s spin-off and separate listing of the QinQin Foodstuffs Group (Cayman) Company Limited on HKEX’s securities market by way of a conditional distribution in specie.

First Independent Chinese Issuer Lists ETF On London Stock Exchange

Date 21/06/2016

• Historic fixed income ETF issued by Fullgoal Asset Management
• ETF tracks FTSE China Onshore Sovereign and Policy Bank Bond Index
• ETF also set to list on Borsa Italiana
• China onshore fixed income market is the world’s third-largest bond market
• Cements LSEG’s position as partner of choice for Chinese issuers accessing European capital

HKEX And KRX Sign Non-Binding Letter Of Intent

Date 21/06/2016

Hong Kong Exchanges and Clearing Limited (HKEX) and Korea Exchange (KRX) today (Tuesday) signed a non-binding letter of intent (LOI) to explore the cross-listing of their equity derivatives in each other's market.  The equity derivatives under consideration include, but are not limited to, stock index futures and options and single stock futures and options offered in local currency*.

Euroclear And itBit Collaborate On Blockchain Solution For Gold Market Settlement - First Blockchain Initiative To Bring Greater Efficiency To The Settlement Of Physical Gold

Date 21/06/2016

Euroclear and itBit, a financial services company delivering blockchain services for capital markets, today announced their collaboration to explore opportunities in creating a next generation settlement service for the London gold market.

Japan’s Financial Services Agency: Publication Of The Final Report By The “Working Group On Payment And Transaction Banking” Of The Financial System Council

Date 21/06/2016

The “Working Group on Payment and Transaction Banking” of the Financial System Council (chairman Tetsuo MORISHITA, professor, Sophia University Law School) has discussed and deliberated seven times on payment and other related financial services as well as the development of platforms supporting such services since July 2015.

ESMA: Steven Maijoor Speaks At European Parliament On MiFID II

Date 21/06/2016

Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), today gave a statement to the European Parliament’s Economic and Monetary Affairs Committee (ECON) on MiFID II during its scrutiny session.