News Centre

Hong Kong Securities And Futures Commission: Personal Assistant To Listed Company’s Chairman Convicted Of Insider dealing

Date 26/10/2023

The Eastern Magistrates’ Court today sentenced Mr Wong Pak Wai to 240 hours of community service after he pleaded guilty to insider dealing in the shares of Elec & Eltek International Company Limited (E&E) following a prosecution brought by the Securities and Futures Commission (SFC).

Dalian Commodity Exchange: Notice On Adjusting Trading Limits On Relative Iron Ore Futures Contracts

Date 26/10/2023

According to the Measures for Risk Management of Dalian Commodity Exchange, Dalian Commodity Exchange (DCE) has decided upon discussion that from the trading on October 30, 2023 (the night trading session on October 27, 2023), the trading volume of opening long and short positions on iron ore futures contract I2401 and I2405 of any Non-Futures Company Member or client shall not exceed 1,000 lots on any single day respectively, and the trading volume of opening long and short positions on the other iron ore futures contracts shall not exceed 2,000 lots on any single day respectively.

SGX Group Welcomes TFI Securities And Futures Limited As Securities Trading Member

Date 26/10/2023

Singapore Exchange (SGX Group) is pleased to welcome TFI Securities and Futures Limited to its securities market as a trading member.  

Shanghai Stock Exchange, Shanghai Futures Exchange, China Financial Futures Exchange, China Securities Depository and Clearing Co., Ltd.: Second Lujiazui Financial Trading Technology Sharing Week Kicks Off

Date 26/10/2023

In recent days, the second Lujiazui Financial Trading Technology Sharing Week (hereinafter referred to as the Technology Sharing Week) was successfully kicked off. Under the guidance of the China Securities Regulatory Commission's Bureau of Technology Regulation, this event was jointly sponsored by the Shanghai Stock Exchange, Shanghai Futures Exchange, China Financial Futures Exchange, and China Securities Depository and Clearing Co., Ltd. With the theme of "Digital Intelligence Trading: Entering a New Journey in China's Capital Market", the Technology Sharing Week focuses on topics such as scientific and technological innovation, digital transformation, the convergence of finance and sci-tech, and sci-tech regulation. It seeks to provide a comprehensive retrospective and forward-looking insights into the current development of digital finance and sci-tech regulation. At the opening ceremony, the participants also witnessed the successful unveiling of the Securities and Futures Industry Network Security Innovation Lab, accompanied by the formal launch of the Securities Fund Industry Information Technology Application Innovation Base.

PNGX Welcomes Newmont As The Country’s First Depository Interest Listing

Date 26/10/2023

PNGX Group, operator of Papua New Guinea’s national stock exchange - PNGX Markets, welcomes Newmont Corporation (PNGX Code: NEM) to the market.

Dumb Money: Don’t Believe The Hype, Why Fear Of Missing Out Can Make You Lose Out, Writes ASIC Executive Director Markets, Calissa Aldridge

Date 26/10/2023

In January 2021, something unusual occurred on the United States Stock Market.

Millions of retail investors started buying shares in GameStop, causing share prices to surge from US$20 to US$500 in a few short weeks.

Japan Exchange Group: Notice Of Abolition Of The Shareholder Benefit Plan

Date 26/10/2023

Japan Exchange Group, Inc. (JPX) announces that we have decided to abolish the shareholder benefit plan as of March 2025, as indicated below.

Supplementary Budget Estimates 2023/2024 Opening Statement, 26 October 2023 - Opening Statement By Acting ASIC Chair Sarah Court At The Supplementary Budget Estimates 2023/2024, 26 October 2023.

Date 26/10/2023

I am pleased to appear before the Committee today. I am appearing as Acting ASIC Chair, as Chair Joe Longo is overseas on official business this week.

Japan Exchange Group, Inc. And Consolidated Subsidiaries Consolidated Financial Results For The Six Months Ended September 30, 2023 (Based on IFRS), Unaudited

Date 26/10/2023

During the consolidated cumulative second quarter (from April 1, 2023 to September 30, 2023), JPX Group recorded operating revenue of ¥73,385 million (increased 10.4% from the same period of the previous fiscal year (i.e., year on year)), and operating expenses were ¥34,344 million (increased 3.3% year on year). As a result, JPX Group recorded operating income of ¥44,499 million (increased 30.4% year on year) and income before income tax of ¥44,506 million (increased 30.4% year on year). In addition, net income attributable to owners of the parent company after tax was ¥31,432 million (increased 35.5% year on year).

ASIC Launches Consumer Awareness Campaign – ‘Don’t Get Burnt By Hype’

Date 26/10/2023

ASIC has today launched a consumer campaign to raise awareness of the risk associated with investment hype to coincide with the Australian release of Dumb Money, a new film about the GameStop short squeeze episode in 2021.