News Centre

HKEX: Forfeiture Of Unclaimed Interim Dividend For 2017

Date 04/08/2023

As provided in the Articles of Association of Hong Kong Exchanges and Clearing Limited (“HKEX”), any dividend unclaimed after a period of six years from the date for payment of such dividend shall be forfeited and shall revert to HKEX. Accordingly, HKEX’s interim dividend for 2017 of HK$2.55 per share, payable on 21 September 2017 and remaining unclaimed on 21 September 2023, will be forfeited and will revert to HKEX.

Mirae Asset Global Investments Hong Kong Launches Global X China MedTech ETF Tracking Solactive Index

Date 04/08/2023

The medical technology industry is a vital component of the healthcare sector, encompassing various innovative medical devices for disease prevention, diagnosis, and treatment. According to Statista, the forecast is that the industry will grow at an annual rate of 4.73% between 2023 and 2028, resulting in a market volume of US$ 719 bn at the end of this period. While the United States and Western Europe are considered established centers, emerging industry trends indicate that particularly China will gain importance in the upcoming years, growing at rates above 7%. To capture this market opportunity, Mirae Asset Global Investments Hong Kong launched the Global X China MedTech ETF, which tracks the Solactive China MedTech Index.

SSE Releases Guidelines No. 9 Of The Shanghai Stock Exchange For Self-Regulation Of Listed Companies — Evaluation Of Information Disclosure Work (Revised In August 2023)

Date 04/08/2023

On August 4, 2023, under the guidance of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) revised and released the Guidelines No. 9 of the Shanghai Stock Exchange for Self-regulation of Listed Companies — Evaluation of Information Disclosure Work (Revised in August 2023) (hereinafter referred to as the Guidelines), which came into effect immediately upon publication. The revised Guidelines apply to companies listed on the main board and the STAR Market. This revision of the Guidelines is a concrete measure taken by the SSE to implement the CSRC's three-year action plan for enhancing the quality of listed companies and continuously improve investors' sense of gain and satisfaction.

US, China Account For Around 70% Of High-Value VC Deals Volume, Value In H1 2023, Reveals GlobalData

Date 04/08/2023

The US and China maintained their status as the preferred investment destinations for venture capital (VC) firms in the first half (H1) of 2023. Together, they accounted for a staggering 70% of the volume and value of high-value VC deals (≥$100m) announced globally during this period, reveals GlobalData, a leading data and analytics company.

Bursa Malaysia Securities Publicly Reprimands Eksons Corporation Berhad

Date 04/08/2023

Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded Eksons Corporation Berhad (EKSONS) for breach of paragraph 9.35A(1)(a) of the Main Market Listing Requirements (Main LR) for failing to ensure that the company’s fourth quarterly report for the financial year ended (FYE) 31 March 2022 (QR March 2022) announced on 30 May 2022 took into account the adjustments stated in the company’s announcement dated 29 July 2022 (Adjustments).

JPX Monthly Headlines - July 2023

Date 04/08/2023

JPX group companies undertake various initiatives and disseminate information with the aim of providing the most attractive markets to all users.
Every month, we showcase the highlights of these efforts in short and concise summaries just for you.

Hong Kong’s Asset And Wealth Management Business Fared On Par With Global Markets In 2022

Date 04/08/2023

The Securities and Futures Commission (SFC) today published the report on its annual Asset and Wealth Management Activities Survey , which recorded assets under management (AUM) of $30,541 billion (US$3,912 billion) and net fund inflows of $88 billion (US$11 billion) in 2022.

Shanghai Stock Exchange Releases Supporting Arrangements For Independent Director System To Fully Implement Requirements Of Independent Director System Reform

Date 04/08/2023

The Shanghai Stock Exchange (SSE) recently revised and released seven self-regulatory rules, including the Rules for Listing of Stocks and Guidelines for Standardized Operation for the main board and the STAR Market. This revision aims to effectively implement the fundamental principles outlined in Opinions on the Reform of the Independent Director System (hereinafter referred to as the Opinions), issued by the General Office of the State Council, and align with the relevant requirements of the China Securities Regulatory Commission (CSRC)'s Measures for the Management of Independent Directors of Listed Companies (hereinafter referred to as the Measures), in order to ensure the smooth implementation of various reform measures and promote the formation of a more scientific and reasonable independent director system. Throughout the process of revising the rules, the SSE adhered closely to the requirements of the reform, conducting thorough research and planning, while also actively seeking input from stakeholders. Simultaneously, preparations were made across various aspects of the business and technology to ensure smooth progress of the reform.

Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In July 2023

Date 04/08/2023

Shanghai Futures Exchange (hereinafter referred to as “The Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. 

ASX Group Monthly Activity Report July 2023

Date 04/08/2023

Trading – Cash Markets (including equities, interest rate and warrant trades)

• In July 2023, the average daily number of trades was down 16% on the pcp. The average daily value traded onmarket of $5.014 billion was down 3% on the pcp. 
• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.6% in July, in line with pcp.
• Future volatility (as measured by the S&P/ASX 200 VIX) in July was an average of 11.8, down 32% on pcp.