News Centre

Active Super Adopts New Investment Data Platform

Date 20/08/2021

Active Super has migrated its investment-related data into the cloud-based platform ICS ATHENA in a move that will improve governance and increase efficiencies for the Fund.

SGX-ST Listings Disciplinary Committee Reprimands Astaka Holdings Limited, Its Present Executive Director And Former CEO Zamani Bin Kasim, And Its Former CFO Lee Shih Yi

Date 20/08/2021

Public Reprimand: Breaches of Listing Rules

1. The SGX-ST Listings Disciplinary Committee (the “LDC”) reprimands Astaka Holdings Limited (the “Company”) for breaching Catalist Rule 703(1)(a) by failing to promptly disclose its wholly-owned indirect subsidiary’s receipt of a letter of demand dated 11 July 2019, a piece of material information known to the Company which was necessary to avoid the establishment of a false market in the Company’s securities.

Shanghai Stock Exchange Solicits Public Opinions On Revision of Business Rules For Issuance And Underwriting Of Shares On SSE STAR Market

Date 20/08/2021

Under the guidance of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) plans to revise the two sets of business rules, including the Measures of Shanghai Stock Exchange for Implementation of Issuance and Underwriting of Shares on the Science and Technology Innovation Board and the Business Guidelines of Shanghai Stock Exchange for Issuance and Underwriting of Shares on the Science and Technology Innovation Board (hereinafter collectively referred to as the “Business Rules”). The aim is to give better play to the function of the market-oriented issuance and underwriting mechanism for the SSE STAR Market, enhance the equilibrium between buyers and sellers, enhance the regulation of offline investors’ quotation, and improve the effectiveness of the capital market in serving the real economy under the registration-based IPO system. Public opinions will be solicited in the market from now until September 5.

Hong Kong Securities And Futures Commission Concludes Consultation On Climate-Related Risks In Funds

Date 20/08/2021

The Securities and Futures Commission (SFC) today issued amendments to the Fund Manager Code of Conduct and a circular setting out expected standards for fund managers managing collective investment schemes to take climate-related risks into consideration in their investment and risk management processes and make appropriate disclosures.

CFFEX: Notice On Delivery Of Equity Index Futures And Options Contracts

Date 20/08/2021

It is hereby announced that:

• The following equity index futures and options contracts are delivered on August 20, 2021 at their respective final settlement prices:
• IF2108 CSI 300 index futures contracts and the IO2108 series CSI 300 index options contracts are delivered at the final settlement price of 4745.13;
• IC2108 CSI 500 index futures contracts are delivered at the final settlement price of 6878.73;
• IH2108 SSE 50 index futures contracts are delivered at the final settlement price of 3060.02.

Shanghai Stock Exchange Streamlines Business Guides For Public Convenience

Date 20/08/2021

Today, the Shanghai Stock Exchange (SSE) issued the Notice of the Shanghai Stock Exchange on Cancellation of the Second Batch of Materials for Handling Businesses, the No. 2 Business Guide of Shanghai Stock Exchange to Member Management - Essential Clauses for Risk Disclosure Statement, and the Guidelines of Shanghai Stock Exchange for Handling the Business of Contractual Transfer of Shares of Listed Companies and the supporting guide. The move marked SSE’s new progress in its continuous efforts for mechanism integration of business rules, simplification of materials for business handling, mechanism optimization of business handling, and reduction in the costs for the market entities.

Shanghai International Energy Exchange Has Released Its Notice On Requesting Public Comments On Revision Of INE Low Sulfur Fuel Oil Futures Contract And Related Implementing Rules

Date 20/08/2021

Shanghai International Energy Exchange (INE) has released its notice on requesting public comments on the revised INE Low Sulfur Fuel Oil Futures Contract and related implementing rules, with the reference number:

In accordance with the Regulation on the Administration of Futures Trading, Measures for the Administration of Futures Exchanges, and other applicable rules and regulations, Shanghai International Energy Exchange (INE) has revised the INE Low Sulfur Fuel Oil Futures Contract and the Delivery Rules of the Shanghai International Energy Exchange and is requesting public comments on the proposed changes.

CFFEX: Notice On Listing Of New Stock Index Futures And Stock Index Options Contracts

Date 20/08/2021

It is hereby announced that:

• The IF2110 CSI 300 stock index futures contract is scheduled to be listed on August 23, 2021 at the base price of 4715.4.
• The IC2110 CSI 500 stock index futures contract is scheduled to be listed on August 23, 2021 at the base price of 6849.
• The IH2110 SSE 50 stock index futures contract is scheduled to be listed on August 23, 2021 at the base price of 3061.2.
• The IO2111 series CSI 300 stock index options contracts are scheduled to be listed on August 23, 2021.

Hong Kong Securities And Futures Commission: Approval Of The Launch Of An A Shares Index Futures Contract

Date 20/08/2021

The Securities and Futures Commission (SFC) has today approved the launch of an A shares index futures contract by the Hong Kong Exchanges and Clearing Limited (HKEX).

Indian Startups Next Only To Chinese Counterparts In APAC With US$16.9bn VC Funding During January-July 2021, Reveals GlobalData

Date 20/08/2021

Despite the third wave of COVID-19 pandemic looming large and slow economic recovery, venture capital (VC) investors seem to be reposing faith in the Indian startup ecosystem. In fact, Indian startups stood next only to Chinese counterparts in terms of VC funding value among the Asia-Pacific (APAC) countries during January to July 2021, reveals GlobalData, a leading data and analytics company.