News Centre

Shenzhen Stock Exchange Market Bulletin 05 September, 2016, Issue 31

Date 07/09/2016

As of 31 August, 2016, all of the 1787 companies listed on the Shenzhen markets have disclosed their 2016 interim reports. From the point of operating income, 65.47% companies have realized a year-on-year growth and 77% companies have realized a quarter-on-quarter growth. From the point of net profit, 62.95% companies have realized a year-on-year growth and 61.72% companies have realized a quarter-on-quarter growth.

Hong Kong's Securities And Futures Commission Bans Chau Hang Yu And Steve Chow Chun Yin For Life

Date 07/09/2016

The Securities and Futures Commission (SFC) has banned Ms Chau Hang Yu and Mr Steve Chow Chun Yin, both former employees of The Hongkong and Shanghai Banking Corporation Limited (HSBC), from re-entering the industry for life following their criminal convictions (Notes 1 & 2).

Equity Crowdfunding Comes Of Age: Seedrs Announces First-Ever Portfolio Results, With An Overall 14.44% IRR (Annualised Rate Of Return)

Date 07/09/2016

• Seedrs has today published its first Portfolio Update, looking at the characteristics and performance of the 253 deals funded on Seedrs platform between its launch in July 2012 and the end of 2015.
• Landmark analysis shows for the first time that, on a fair value basis, equity crowdfunding through Seedrs has produced better annualised rates of return (IRRs) than most other asset classes.
• Platform-wide IRR increases from 14.44% to 41.87% when impacts of SEIS and EIS tax reliefs are taken into account.
• Investors with portfolios of 20 or more investments have outperformed the market on average, with average IRRs of 15.01% (43.39% when tax-adjusted).
• Valuation process confirmed by Ernst & Young LLP (EY) as conforming to the industry-standard International Private Equity Valuation (IPEV) Guidelines.

Autonomous Research Names Global Head Of Fintech Strategy

Date 07/09/2016

Autonomous Research, a leading research firm focused on the financial services sector, announced today that Alexey (Lex) Sokolin has joined the group as Partner and Global Head of Fintech Strategy. Drawing on his experience as an innovator, speaker and Fintech entrepreneur, Lex will deepen the firm's expertise in emerging technology and spearhead its mission to advise clients on the future of finance.

Euronext Announces Quarterly Review Results Of The PSI 20

Date 07/09/2016

Euronext today announced the results of the quarterly review for the  PSI 20®. The changes due to the review will be effective from Monday 19th September, 2016.

STOXX Monthly Index News: Slight Turnaround In The Banking Sector

Date 07/09/2016

The prevalence of banks in leading equity indices is declining: Due to the challenging environment, which led to concerns over margin pressures and capital losses, the banking sector had to handle high price depreciations. In the consequence, the Italian Unicredit will be excluded from the EURO STOXX 50 Index in September, after Credit Suisse and Deutsche Bank have already been replaced in the STOXX Europe 50 Index due to the fast-exit rule in August. 

BSE And CMIE: India Consumer Sentiment Index Down 4.62% In Aug’16 - Sharp Rural-Urban Contrast

Date 07/09/2016

India consumer sentiment index fell by 4.62 per cent to 96.1 in August 2016, according to data on consumer sentiments by BSE and CMIE. Consumer sentiments regarding the current economic conditions fell by 5.25 per cent and consumer expectations regarding the future fell by 4.2 per cent.

Gertrude Tumpel-Gugerell To Lead Valuation Of Past EFSF/ESM Programmes

Date 07/09/2016

Former ECB Executive Board member Gertrude Tumpel-Gugerell was appointed today as the high-level independent evaluator of past EFSF and ESM financial assistance programmes. She was appointed bythe Chairman of the ESM Board of Governors,  Jeroen Dijsselbloem, in cooperation with the ESM Managing Director, Klaus Regling, and in consultation with ESM Members.

AxiomSL Announces Expansion Of Its Switzerland Liquidity Solution To Include The Net Stable Funding Ratio (NSFR)

Date 07/09/2016

AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that it has expanded its liquidity reporting solution for financial firms in Switzerland to cover the Net Stable Funding Ratio (NSFR) requirements. This is following the Swiss Financial Market Supervisory Authority’s (FINMA) requirement for NSFR disclosures from 30 June 2016.

Tokyo Stock Exchange: Publication Of "Final Report Of The Working Group On Shortening Stock Settlement Cycle In The Japanese Market"

Date 07/09/2016

The "Working Group on Shortening Stock Settlement Cycle" published the referential translation of the "Final Report of the Working Group on Shortening Stock Settlement Cycle in the Japanese Market."