News Centre

US, China Remain Preferred Destinations For High-Value VC Investments In 2020, Reveals GlobalData

Date 02/02/2021

With the COVID-19 pandemic dominating the headlines, the fear of uncertainty gripped the financial markets and investors remained cautious in 2020. However, the US and China managed to attract the highest number of high-value venture capital (VC) investments (>=US$100m), collectively accounting for more than 75% of the volume and value of such deals, according to GlobalData, a leading data and analytics company.

UK Financial Conduct Authority Publishes Review Into Unsecured Credit Market

Date 02/02/2021

The FCA has published a report on change and innovation in the unsecured consumer credit market following a Review by its former Interim Chief Executive, Christopher Woolard CBE.

Bursa Malaysia Announces Record RM377.7 Million Profit After Tax, Zakat And Minority Interest For The Financial Year Ended 31 December 2020

Date 02/02/2021

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) recorded a Profit After Tax, Zakat and Minority Interest (“PATZAMI”) of RM377.7 million for the financial year ended 31 December 2020 (“FY2020”), a 103.2% increase from RM185.9 million reported in the previous financial year ended 31 December 2019 (“FY2019”). The increase in PATZAMI was due to the improved performance in the Securities and Derivatives Markets, which recorded a higher operating revenue of RM778.8 million from RM480.1 million in FY2019, an increase of 62.2%. This is Bursa Malaysia’s highest full-year financial results since its listing in 2005. 

SGX Issues EUR240 Million In Maiden Convertible Bond Issuance

Date 02/02/2021

• Issue of zero-coupon convertible bonds due 2024 has been fully placed with a high-quality book of institutional investors

Shenzhen Stock Exchange Press Secretary Answers Reporters' Questions On The Official Release Of Supporting Business Rules For Publicly Offered Infrastructure REITs

Date 02/02/2021

To ensure smooth implementation of pilot projects of publicly offered infrastructure REITs, standardize the listing review, continuous regulation and trading operations of publicly offered infrastructure REITs, maintain normal market order, and protect investors’ legitimate rights and interests, SZSE, based on the opinions previously solicited from the market, officially released three sets of supporting rules for publicly offered infrastructure REITs on January 29 according to the overall plan of China Securities Regulatory Commission (CSRC). SZSE Press Secretary answered reporters’ questions on topics that the market is concerned about such as the progress of pilot projects, the formulation of the rules and next-step work arrangements.

"Pushing Ahead With SOR-SORA Transition In 2021" - Keynote Speech By Mr Leong Sing Chiong, Deputy Managing Director (Markets & Development), Monetary Authority Of Singapore, At ASIFMA Virtual Event: Singapore IBOR Transition On 2 February 2021

Date 02/02/2021

Good morning everyone. First, let me take this opportunity to wish everyone a Happy New Year!  Let me also thank the Asia Securities Industry & Financial Markets Association (ASIFMA) and the Association of Banks in Singapore (ABS) for organising this webinar and inviting me to speak on the important issue of Singapore’s interest rate benchmark transition.

Zhengzhou Commodity Exchange: Supplementary Notice On Preferential Measures On Hedging Position Opening Fee

Date 02/02/2021

According to Measure for the Administration of Hedging Activities of Zhengzhou Commodity Exchange (ZCE), for non-FB members or clients who frequently establish and liquidate positions by taking advantage of the hedging quota, ZCE may take actions including but not limited to cancelling the preferential measures on hedging position opening fee.

Shenzhen Stock Exchange Strengthens Rules And Technology Guarantee To Actively Build A Publicly Offered Infrastructure REITs Market System

Date 02/02/2021

On January 29, SZSE officially released three sets of supporting rules to ensure smooth implementation of pilot projects of publicly offered infrastructure REITs, standardize the listing review, continuous regulation and trading operations of publicly offered infrastructure REITs, and protect investors’ legitimate rights and interests. These rules are the Measures of Shenzhen Stock Exchange for Publicly Offered Infrastructure Securities Investment Fund Business (Trial), the Guidelines No. 1 of Shenzhen Stock Exchange for Publicly Offered Infrastructure Securities Investment Fund Business: Review Considerations (Trial), and the Guidelines No. 2 of Shenzhen Stock Exchange for Publicly Offered Infrastructure Securities Investment Fund Business: Placement Business (Trial). The release of those supporting rules marks the beginning of a new phase of the pilot projects of publicly offered infrastructure REITs, another step closer to the listing of the first publicly offered infrastructure REITs on the Chinese market.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With Italian Minister Of Economy And Finance Roberto Gualtieri

Date 02/02/2021

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Italian Minister of Economy and Finance Roberto Gualtieri. Secretary Yellen conveyed her intention to work closely with Italy during its G20 presidency on their shared priorities of supporting a strong global recovery, fighting inequality, and forcefully addressing the threat of climate change. They also discussed the need to find multilateral solutions to many of the issues facing the global economy, including addressing the challenges of efficiently and equitably taxing the income of multinational firms, and debt vulnerabilities and financing risks in low-income countries

U.S.-Based Promoter Of Foreign Cryptocurrency Companies Charged In Over $11 Million Securities Fraud Scheme

Date 01/02/2021

A California man was charged in a complaint unsealed today for his alleged participation in a coordinated cryptocurrency and securities fraud scheme that used purported digital currency platforms and foreign-based financial accounts.