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  • Vienna Stock Exchange Expands Offering For CEE And CIS Indices

    Date 27/04/2020

    Today, the Vienna Stock Exchange starts the calculation of the new CECE SOFT index. It comprises the largest and most liquid companies in the "Software & IT Services" sector in Central, Eastern and Southeastern Europe. The software industry in the region has developed strongly in recent years and produced innovative products and blockbuster productions. The largest companies in the index are the Czech software company "AVAST" (antivirus program), one of the largest software companies in Europe "Asseco" and the Polish developer and publisher of computer games "CD Projekt" (action role-playing games "The Witcher" and "Cyberpunk"). The tradability of the index is guaranteed by selecting the companies with the highest turnover in this sector. The index can be used as an underlying for financial products such as certificates, warrants, bonds, ETFs (Exchange Traded Funds) or standardized derivatives like futures and options.

  • Nasdaq Launches New Risk Modelling Service For The Insurance Industry - Reinsurers Can Now Access Multiple Catastrophe Risk Models On One Cloud-Native SaaS-Solution

    Date 27/04/2020

    Today Nasdaq (Nasdaq: NDAQ) announced the launch of its upgraded Nasdaq Risk Modelling service, the first independent multi-vendor risk modelling service for the reinsurance industry. The cloud-based solution enables insurers, reinsurers, and brokers to unlock access to a broad range of best-of breed risk models from a number of providers through a single service, increasing ease of model accessibility and strengthening risk management programs. While currently focused on natural catastrophes, with models spanning earthquakes, hurricanes, floods and a number of other perils, Nasdaq aims to roll out the service more broadly to cover other insurance-related risks in the future.

  • Shenzhen Stock Exchange Pays Great Importance To The Annual Report Of Sunrise And Requires The Latter's Directors, Supervisors And Senior Management To Perform Their Duties With Diligence

    Date 27/04/2020

    On April 24, Shenzhen Sunrise New Energy Co., Ltd. ("Sunrise" or "the Company") disclosed its 2019 annual report, in which five directors, three supervisors and four senior management members of the Company declared that the truthfulness, accuracy and completeness of the Company's annual report cannot be guaranteed. SZSE paid close attention to this and immediately issued a letter of concern. SZSE required the above-mentioned personnel of the Company to perform their duties faithfully and diligently, and issue an auditor’s report of disclaimer of opinion on the Company's consecutive losses in 2018 and 2019 and 2019 financial reports. SZSE will give delisting risk warning on the Company since the trading began on SZSE on April 27.

  • Hong Kong Securities And Futures Commission Obtains Disqualification Orders Against Former Directors Of Long Success International (Holdings) Limited

    Date 27/04/2020

    The Securities and Futures Commission (SFC) has obtained disqualification orders in the Court of First Instance against the former vice chairman and executive director of Long Success International (Holdings) Limited (Long Success), Mr Victor Ng, the company's former non-executive director Mr Zhang Chi, and three former independent non-executive directors, Mr Winfield Ng Kwok Chu, Mr Robert Ng Chau Tung and Mr Tse Ching Leung.

  • ASIC Letters To General And Life Insurers In The Current COVID-19 Environment

    Date 27/04/2020

    ASIC is committed to working constructively and pragmatically with general and life insurers to help Australians affected by the COVID Pandemic to recover, and to aid the general functioning of the economy.

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