News Centre

Solactive Partners For The First Time With KB Securities On Two ETNs Tracking Solactive Indices

Date 15/12/2023

Japan is a global leader in the robotics industry, with several top companies headquartered in the country. In 2022, over 280,000 industrial robots were produced in Japan, with a total production value exceeding 1.02 trillion JPY. This success is underscored by the robust growth experienced by the Japanese machinery sector since 2014, driven by the nation’s imperative for automation in response to its aging society. The correspondingly decreasing workforce projections lead to anticipation of increased demand for automated systems and advanced industrial machinery and equipment. The country’s outlook remains positive on the consumer front following a solid post-pandemic recovery3. Given the growth opportunities within the Japanese market, Solactive is pleased to announce a new partnership with KB Securities, listing two ETNs, the KB Japan Robotics TOP 10 ETN and the KB Japan Consumer TOP 10 ETN, tracking the Solactive Japan Robotics & Machinery Index and the Solactive Japan Consumer Index.

ACER Welcomes ENTSOG’s Gas Winter Supply Outlook And Recommends Improvements

Date 15/12/2023

What is it about?

ACER publishes today its Opinion on the Winter Supply Outlook for winter 2023-2024 of the European Network of Transmission System Operators for Gas (ENTSOG).

HKEX Signs Cooperation Agreement With Heilongjiang Government

Date 15/12/2023

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) it has signed a Memorandum of Understanding (MOU) with the People's Government of Heilongjiang Province (Heilongjiang Government) to strengthen cooperation and to support listings of Heilongjiang companies on Hong Kong's equities market.

Regulator’s Column: What SGX RegCo Expects Of Listed Issuers When Allotting Excess Rights Shares

Date 15/12/2023

Introduction

From time to time, issuers may need to raise funds for various purposes including working capital and capital expenditure. In the current high interest rate environment, issuers may be prompted to review their capital structure and shift the balance towards raising equity instead of debt. Indeed, some issuers have raised equity for the purpose of paying down loans to avoid incurring high interest costs.  Shareholders may also be supportive of the issuer’s fund-raising objectives and take a positive view on the issuer’s longer-term prospects.

Joint Statement By Singapore Exchange Regulation And Stamford Land Corporation Ltd

Date 15/12/2023

1. In December 2021, Stamford Land Corporation Ltd (“Company”) announced a renounceable non-underwritten rights issue exercise to raise net proceeds of approximately S$238.9 million (“Rights Issue”).

Shanghai Stock Exchange Refines Self-Regulation Rules For Share Repurchase And Dividends, Encouraging Listed Companies To Proactively Reward Investors

Date 15/12/2023

Under the unified guidance of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) has recently published revised versions of the Guidelines for Share Repurchase, Guidelines for Standardized Operation, and supporting business guidelines, aiming at enhancing the share repurchase and cash dividends systems. These revisions are reflective of the adjustments and arrangements made by the CSRC at the self-regulation level, ensuring a proper transition. Share repurchases and cash dividends play a pivotal role in invigorating the capital market and bolstering investor confidence, with a direct impact on investor interests, particularly those of small and medium-sized investors. This further facilitates the stable functioning of the capital market.

CFFEX: Notice on Delivery of Equity Index Futures and Options Contracts

Date 15/12/2023

The following equity index futures and options contracts are delivered on December 15, 2023 at their respective final settlement prices:

• IF2312 CSI 300 index futures contracts and the IO2312 series CSI 300 index options contracts are delivered at the final settlement price of 3346.53;
  IC2312 CSI 500 index futures contracts are delivered at the final settlement price of 5455.89;
  IM2312 CSI 1000 index futures contracts and the MO2312 series CSI 1000 index options contracts are delivered at the final settlement price of 5956.24;
  IH2312 SSE 50 index futures contracts and the HO2312 series SSE 50 index options contracts are delivered at the final settlement price of 2249.74.
• The MO2412 series CSI 1000 index options contracts are scheduled to be listed on December 18, 2023.
• The HO2412 series SSE 50 index options contracts are scheduled to be listed on December 18, 2023.

Shanghai Gold Exchange: Notification On NYAuTN12 Settlement Price

Date 15/12/2023

15 December 2023 is the settlement date of NYAuTN12, please find the settlement price below:

NYAuTN12 settlement price: 465.75 Yuan/gram.

Japan Financial Services Agency: Overview Of Financial Results Of Major Insurance Companies As Of September 30, 2023

Date 15/12/2023

Following the announcements by major insurance companies of their financial results as of September 30, 2023, the FSA has compiled the figures, etc. announced by these insurance companies.

Hong Kong Securities And Futures Commission And State Administration Of Foreign Exchange Top Management Meet In Beijing

Date 15/12/2023

The Securities and Futures Commission’s Chief Executive Officer Ms Julia Leung and Mr Zhu Hexin, Deputy Governor of the People’s Bank of China and Administrator of the State Administration of Foreign Exchange, held a high-level meeting in Beijing today.