News Centre

HKEX Monthly Market Highlights

Date 05/05/2023

Highlights

- Securities Market

• Market capitalisation was $35.9 trillion at the end of April 2023.
• The average daily turnover of ETFs for the first four months of 2023 was $11.6 billion, an increase of 23 per cent when compared with $9.4 billion for the same period last year.
• The average daily turnover of L&I Products for the first four months of 2023 was $2.3 billion, an increase of 21 per cent when compared with $1.9 billion for the same period last year.
• There were 22 newly listed companies for the first four months of 2023, an increase of 16 per cent when compared with 19* for the same period last year.

Spectrum Markets: Bank Fears Inform Retail Investor Sentiment Ahead Of Central Bank Announcements

Date 05/05/2023

Spectrum Markets’ SERIX retail investor sentiment data for the early part of this week shows a mixed response from investors to the news on Monday night that First Republic had been bailed out by JP Morgan. The SERIX value indicates retail investor sentiment, with a number above 100 marking bullish sentiment, and a number below 100 indicating bearish sentiment. (See here for full methodology). 

UK Financial Conduct Authority Continues Action Against Unregistered Crypto ATMs Across The UK

Date 05/05/2023

The FCA has used its powers to inspect sites in Exeter, Nottingham and Sheffield suspected of hosting illegally operated crypto ATMs, as part of a continued crackdown on this illicit sector.

The CEO Of The World Gold Council Visited The Shanghai Gold Exchange

Date 05/05/2023

On 27 April 2023, David Tait, CEO of the World Gold Council, and Wang Lixin, CEO of China, visited Shanghai Gold Exchange (SGE) and held talks with Chairman Yu Wenjian and Vice President Gu Wenshuo.

UK Financial Conduct Authority Publishes Decision Notices For Banque Havilland SA And Three Of Its Former Employees

Date 05/05/2023

Monetary Authority Of Singapore Imposes Further Additional Capital Requirement On DBS Bank For Disruption Of Banking Services

Date 05/05/2023

The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital banking services on 29 March 2023 and a subsequent disruption to its digital banking and ATM services on 5 May 2023. Together with the additional capital requirement imposed on DBS in February 2022, this translates to approximately S$1.6 billion in total additional regulatory capital.

London Stock Exchange Group PLC Transaction In Own Shares

Date 05/05/2023

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange through its corporate stockbroker Citigroup Global Markets Limited (Citi) as part of the third tranche of its share buyback programme, as announced on 20 March 2023:

Shanghai Stock Exchange Revises And Releases Business Guideline For Continuous Information Disclosure Of Corporate Bonds

Date 05/05/2023

With the development of the bond market and changes in external credit environment, higher standards are expected for the quality of bond information disclosure. In order to further strengthen the risk disclosure function of bond information disclosure, promote the formation of rational pricing, improve the efficiency of bond market resource allocation, and urge market entities to fulfill their responsibilities, the Shanghai Stock Exchange (SSE) has adopted a problem-oriented and risk-oriented approach and combined with previous regulatory practices to release and implement the Guidelines No.1 of the Shanghai Stock Exchange for Application of Bond Self-Regulation Rules — Continuous Disclosure of Corporate Bond Information (2023 Revision). The revision mainly involves the following four aspects:

Former CEO Of Hyflux Ltd Charged With Additional Offences Under The Companies Act And Another Independent Director Of Hyflux Ltd Charged With An Offence Under The Securities And Futures Act - Joint Statement By Commercial Affairs Department, Singapore Police Force, Monetary Authority Of Singapore, Singapore Accounting And Corporate Regulatory Authority

Date 05/05/2023

 Following further investigations by the Commercial Affairs Department (CAD) of the Singapore Police Force, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA), the former Chief Executive Officer of Hyflux Ltd (Hyflux), Ms Lum Ooi Lin, was charged in court today with additional offences under the Companies Act (Cap 50, 2006 Rev. Ed.)(CA), in relation to her failure to exercise reasonable diligence in the discharge of her duties as a director. 

The People’s Bank Of China, Hong Kong Securities And Futures Commission And Hong Kong Monetary Authority To Commence Mutual Access Between The Mainland And Hong Kong Interest Rate Swap Markets

Date 05/05/2023

To promote the collaborative development of financial derivatives markets in both the Mainland and Hong Kong and establish a framework for high-quality financial opening-up, the People’s Bank of China (PBoC), the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) made a joint announcement on 4 July 2022 on their agreement for China Foreign Exchange Trade System (National Interbank Funding Center) (CFETS), Shanghai Clearing House (SHCH) and OTC Clearing Hong Kong Limited (OTC Clear) to collaborate in developing Swap Connect – mutual access between the Mainland and Hong Kong interest rate swap markets. The programme will begin with Northbound Trading, allowing overseas investors from Hong Kong and other countries and regions to participate in the Mainland interbank financial derivatives market through a connection between financial infrastructure institutions in the two markets. The preparatory work of Swap Connect has progressed smoothly since the joint announcement. Northbound Trading of Swap Connect will launch on 15 May 2023. To facilitate a smooth launch of Northbound Trading, we set out relevant details as below: